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The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

www.businessinsider.com The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

Lower-income Americans are can't keep up with the rising cost of living and have blown through their savings, a JPMorgan analyst said.

The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says
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The original was posted on /r/antiwork by /u/Mighty_L_LORT on 2024-05-22 20:52:16+00:00.

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