Quoted By:
>Foreign investors are fueling the "mother of all bubbles" in US stocks, Ruchir Sharma wrote in the FT. "Global investors are committing more capital to a single country than ever before in modern history."
>Employers are advertising 42% fewer middle-management positions than they did in April 2022, per BI.
>28% of holiday shoppers surveyed in September said they still had not paid off the gifts they purchased for their loved ones last year, per CNBC.
>The average credit card balance per consumer is currently $6,329, rising only 4.8% year over year — compared with an 11.2% increase the year before and 12.4% the year before that, TransUnion has found.
>Holiday spending between Nov. 1 and Dec. 31 is forecast to increase to a record total of $979.5 billion to $989 billion, according to the National Retail Federation.
>US November Unemployment Rate 4.2%; Consensus 4.2%
2025 is gonna a nasty year bros