With Stocks Breaking All-Time Highs And Income Up, Here’s What You Need To Know
For months, U.S. stock prices have been breaking records and reaching new all-time highs, and now key new figures, just released, show that real disposable personal income grew by 2.8% in the 12 months ended June 30th.
What’s that mean?
That tells us a 2.8% rate of growth in real disposable personal income should be enough to fuel a continuation of the current economic expansion.
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