Business · Economy · 16 hrs ago

Wall Street Fears Americans’ Spending May Not Last

Wall Street Fears Americans’ Spending May Not Last

Americans have kept spending their paychecks even as prices rise.

They are buying pickup trucks while diesel prices are near record highs.

They are also eating steak dinners as beef costs soar.

Wall Street worries that consumers may be running out of room to spend.

Investors fear that a pullback in spending could halt a market rally.

The story does not say what happens next.

Sources

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