- Moody’s economist: US avoids recession if well-to-do ‘keep spending’ The Hill
- The economy is chugging along, but consumers are uneasy NBC News
- Top 10% of Earners Drive a Growing Share of US Consumer Spending Bloomberg.com
- Wealthy consumers account for nearly half of all US consumer spending Baton Rouge Business Report
- The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession Fortune
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