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As the Consumer Turns

As the Consumer Turns

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The Composition of Consumer Spending Growth
And why the private credit/equity complex has such a problem on its hands
 • Adam Josephson
Health Care Contributing Disproportionately to Consumer Spending Growth as Well as to Job Growth
The great health care economy
 • Adam Josephson
Financial Leverage Update
High would certainly be one way to describe it
 • Adam Josephson
The Long-Term Decline of Foreign Central Banks' U.S. Treasury Holdings Continues
As Treasury issuance keeps growing, foreign central banks are holding increasingly less of them
 • Adam Josephson
Ahead of Walmart's 4Q Results Tomorrow...
A reminder of the biggest percentage driver of its U.S. sales growth by a wide margin
 • Adam Josephson
As Staples Stocks Rip Higher, Demand Conditions Continue to Deteriorate
Stock prices aren't much of an indicator of anything these days
 • Adam Josephson
Real Income Growth Better in January but Still Barely Visible in Recent Years
It's no wonder discretionary spending is under constant pressure
 • Adam Josephson
As the Consumer Turns
As the Consumer Turns
Reformed sell-side equity research analyst; my background is in paper & packaging and more broadly the goods industry, and I follow accounting, banking, and economy-wide issues as they pertain to my former coverage universe.
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