The Investment Thread
Brandon has been posting about the growing household debt concern, so I think this may be a story about interpreting data more than anything else.
It may also be a story where macros skew the story. A street where 9 out of 10 people lose their job, but the 10th sells a company for billions of dollars may appear to show that the household income on the street has gone up - but that's very different from what is actually happening.
Posted on CNN now. I scanned the article and kept thinking this needs a chart for perspective.
Brandon has been posting about the growing household debt concern, so I think this may be a story about interpreting data more than anything else.
It may also be a story where macros skew the story. A street where 9 out of 10 people lose their job, but the 10th sells a company for billions of dollars may appear to show that the household income on the street has gone up - but that's very different from what is actually happening.