A senior White House economic advisor revealed this weekend that post-Thanksgiving retail numbers crushed expectations. The data contradicts the doom-and-gloom narrative some folks have been pushing about consumer sentiment during Trump's current term. Strong holiday shopping figures suggest Americans are still opening their wallets despite ongoing economic debates. This spending surge could signal resilience in household finances, potentially impacting crypto markets as disposable income trends often correlate with risk asset appetite.
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SatsStacking
· 10h ago
Black Friday data is so impressive? Our purchasing power is still there, the crypto world should be To da moon.
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down_only_larry
· 10h ago
The consumption data is so strong, the crypto world is about to da moon.
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HallucinationGrower
· 10h ago
Good-looking consumption data does not mean a real improvement in life; don't be swayed by the media.
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ForkMonger
· 10h ago
lol consumer spending surge = more liquidity flowing into risk assets? classic governance failure to see the real vulnerabilities beneath the surface... retail euphoria never ends well, does it
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GateUser-cff9c776
· 10h ago
The Schrödinger's bull run has begun again. When the consumption data looks good, they say the economy is strong, but if it falls tomorrow, they can shift the blame to politics. This thing about the supply and demand curve really depends on who is telling the story...
A senior White House economic advisor revealed this weekend that post-Thanksgiving retail numbers crushed expectations. The data contradicts the doom-and-gloom narrative some folks have been pushing about consumer sentiment during Trump's current term. Strong holiday shopping figures suggest Americans are still opening their wallets despite ongoing economic debates. This spending surge could signal resilience in household finances, potentially impacting crypto markets as disposable income trends often correlate with risk asset appetite.