No Talent, No Alpha

No Talent, No Alpha

Tapped Out and Teetering

Is the American consumer about to break? Dissecting retail results, interest rate impacts, and savings data to understand today’s consumer spending weakness.

Mar 09, 2025
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Recent economic data has begun ringing alarm bells across the capital markets, as a pronounced slowdown in consumer spending takes center stage. Retail giants, economic indicators, and financial headlines are increasingly painting a picture of a U.S. consumer that's stretched far too thin - and what that means across the economy is interesting to think …

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