Excess household savings in the US have fallen for 23 STRAIGHT months.
— The Kobeissi Letter (@KobeissiLetter) September 3, 2023
Since 2022, excess savings in the US have been falling by $100 billion per MONTH on average.
The San Francisco Fed estimates that remaining household savings will be depleted this quarter.
Just over 2 years… pic.twitter.com/CEMVeLE9K9
In a tough economy , what RIDICULOUS things people spend money on…
https://nypost.com/2026/09/24/lifestyle/rare-goldfish-crackers-hit-the-auction-block-for-25k