WTFinance: Households Struggling as Economy Strangles Consumption

The economic winds are shifting, and understanding where we stand is crucial for any investor looking to weather the coming changes. In a recent episode of the WTFinance podcast, Bob Elliott, CIO of Unlimited Funds, offered a compelling deep dive into the current economic climate, with a particular focus on the United States, while also acknowledging the interconnectedness of global markets. His analysis paints a picture of an economy in a classic late-cycle phase, presenting both challenges and opportunities for those paying close attention. Elliott describes the U.S. economy as exhibiting many of the hallmarks of a late-cycle environment. We’re…