Biden In Wonderland! Savings As Percentage Of GDP Goes Negative As Consumer Still Cope With Inflation Of Over 4.50% (But At Least Yield Curve Is Normalizing!)

by confoundedinterest17

President Biden still shuffles around mumbling about Maga Republicans and defending democracy (while gettig his DOJ and affiliates to prosecute his leading Presidential opponent) even though …. consumers continue to struggle. While Biden is in wonderland, American consumers are in hell.

Savings as a percentage of GDP is actually NEGATIVE as sticky price inflation remains above 4%.

Any good news? At least the US Treasury yield curve (10Y-5Y) is normalizing.

How true!

Speaking of Biden, is this photo real? With AI, I wonder.