Monday, 21 December 2015

Recession 2016? The evidence says...from TPC

Question about consumer spending:

In 2016 will falling crude prices finally provide the much awaited for benefit to the consumer that will translate into spending and result in a boost to the US economy (a de facto tax cut)?

Or, is the declining price of crude more than simply a supply/demand issue and actually a harbinger of a recession to come?

Read the article at LI here.

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