In this video, we delve deeper into emerging economic shifts around the world, uncovering potential warning signs and assessing their implications. We start off with an unsettling trend in the US – businesses cutting workers’ hours. What does this mean for the economy? We analyze how this labor market trend is affecting individuals and the broader economy. Next, we explore the stagnation in US consumer spending, as frugality threatens corporate growth. With the June inflation report expected to slow, how will this affect the economy’s trajectory? We also turn our attention to the UK, where mortgage rates for two-year products have hit their highest levels since 2008. We’ll unpack how this could affect UK’s homeowners, potential buyers, and the overall housing market. Continuing with the consumer theme, we discuss how U.S. consumers are faring in an economy that may be less “robust” than it seems. Edward Dowd’s alarming Twitter post reveals a surge in disability data from the US Bureau of Labor Statistics – a trend we dissect in detail. #EconomicTrends #GlobalEconomy #FinancialAnalysis
TOPICS AND TIMESTAMPS:
Economic Warning Signs 0:00
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