Monday, October 26, 2020

Tag: But You Can’t Get….

But You Can’t Get….

0

by Karl Denninger, Market Ticker:

…. a recession when the stock market is at all-time highs and the con-suuuuumer is strong.

Uh huh.

How’d that work out in 2007?  The stock market was at all-time highs.  The consumer was extraordinarily strong.

And?

Further, is the con-suuuuumer actually “really strong”?  How’s that student debt doing?  Speaking of which, how is credit card debt doing?