Fuel For Spending Drying Up

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Welcome to The Observatory. The Observatory is how we at Prometheus monitor the evolution of both the economy and financial markets in real-time. Here are the top developments that stand out to us:

i. Pressures are increasing on consumer spending. The latest wage data suggest the potential for respite in personal spending, suggesting the potential for a sequential acceleration in employee compensation, which could, in turn, be spent on the economy.

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