Why Dow Jones Bulls Should Worry About the U.S. Economy’s ‘Linchpin’
The stock market is priced for a re-acceleration in U.S. economic growth. ING says Tuesday’s inflation data supports their thesis that consumer spending will cool in 2020. Here’s what that means for the U.S. economy and the stock market. Economist Jack Kleinhenz said last week that the consumer is the “linchpin to growth” for the…