Consumers are America’s not so secret weapon to keep economy afloat, but they can’t save the world

Consumers are America’s not so secret weapon to keep economy afloat, but they can’t save the world

With markets reeling from recession fears, the world is watching the resilient U.S. consumer, now in the strongest position since before the financial crisis — so far.
By many measures, the consumer is doing well, unscathed by the trade wars that have hit global manufacturing and business investment.
In the U.S., consumer sentiment is high; household balance sheets are strong; employment is still…

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