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
Where free is worth 14 billion. Huh?
https://finance.yahoo.com/technology/ai/articles/nvidia-paying-14-billion-company-170037102.html?ref=biztoc.com&gucc...