Rising asset prices & inflation seems healthy. But, with the jobs data looking weaker (N.America; less full time&more 2 job workers), down pressure on consumer purchasing, would this anemic demand be a signal for lower asset prices into next few months?
Especially given the higher debt servicing, stagnant wages & lower purchasing power for the largest groups of the economy.
Very interesting. Thanks for the insights.
Rising asset prices & inflation seems healthy. But, with the jobs data looking weaker (N.America; less full time&more 2 job workers), down pressure on consumer purchasing, would this anemic demand be a signal for lower asset prices into next few months?
Especially given the higher debt servicing, stagnant wages & lower purchasing power for the largest groups of the economy.