Chapter 2 of the Economic Recovery

In this market bulletin, Chapter 2 of the Economic Recovery: A look at the economic recovery and the U.S. consumer, Andrew Goldberg takes a hard look at the current economic recovery with a focus on the role being played by consumers. The past 12 months of recovery have primarily been driven by inventory and business equipment spending, but with a solid chunk of the inventory cycle behind us, it will be necessary for the consumer to shoulder a heavier burden in order for the economy to continue to grow.  Click HERE to read the market bulletin. 

Steven Karsh