Americans are hanging on to a lot of cash compared to prepandemic. Since 2020, probably the most since 2006 and more spread out. GenX/Millennials are also entering their peak earning years. Absent housing, where does the money go? Or will it sit in accounts?
Housing will not be solved in the couple of years, I think.
[link] [comments] https://www.reddit.com/r/stocks/comments/15l45m0/is_the_great_inflation_just_starting/
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