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Asset management and fund structuring boutique

Déjà vu

Sep 27, 2022

The US consumer may be in less good shape than it is suggested by the low unemployment numbers. Not only is consumer confidence low but households feel obliged to use more consumer debt. This could be a desperate measure to keep spending in an inflationary environment. The last time this happened was during the financial crisis in 2008. Higher interest rates are starting to take their toll.

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