What’s a ‘G’-Shaped Economy and Are We in One?What’s a ‘G’-Shaped Economy and Are We in One?What’s a ‘G’-Shaped Economy and Are We in One?
Gemini / GoogleIt’s a question that’s baffled economists, investors, and strategists for the past several years. Why are American consumers reporting the lowest sentiment readings on record – yet continuing to spend as if all was right with the world? Economic data of all types makes the question a true mystery. The University of Michigan’s Consumer Sentiment Index sank to an all-time low of 44.8 in May…