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Barings (Europe)

2021 Top 500 ranking: 78

U.S. Consumers: Don’t Worry, They’re Here to Stay

U.S. Consumers - Don’t Worry, They’re Here to Stay

Worsening U.S. consumer confidence data shows the labor market is expected to remain fragile, though spending should improve due to greater fiscal support. Eurozone inflation will likely accelerate slightly, and strong trade data from Asia shows global demand’s resiliency.


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