Sam Ro, CFA on Substack: "According to BEA data released Friday, personal consumption expenditures increased 0.1% in month-over-month in May to a record annual rate of $18.3 trillion. https://www.bea.gov/sites/default/files/2023-06/pi0523.pdf For more on consumer spending, read: https://www.tker.co/p/co…"

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According to BEA data released Friday, personal consumption expenditures increased 0.1% in month-over-month in May to a record annual rate of $18.3 trillion. bea.gov/sites/default/files/2023-06/pi0…

For more on consumer spending, read: tker.co/p/consumer-spending-resilient-f…

TKer by Sam Ro

Don't underestimate the American consumer 🛍️

Plus a charted review of the macro crosscurrents 🔀

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