Archive: August 2017
60 Seconds. Actions Speak Louder than Words…:
Demand softer & economy is slowing; why so little comment? Data shows construction, industrial output & manufacturing output fell in Q2 Car production is lower year to date & GDP targets may be undershot Big ticket spending (see e/ms) may bear the brunt House transactions, furniture sales & car sales are slowing but holidays look…
60 Seconds on the Ongoing Consumer Squeeze
You gotta eat. So where will spending be cut? The Backdrop: The Brexit vote drove Sterling down & food prices have risen We now find ‘essentials’ are taking a larger share of disposable income Already-constrained consumers are having to adapt to these unwelcome changes Real wages are falling and, whilst borrowing has risen, this is not a…