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Bob Elliott: High housing prices support U.S. consumer spending despite weak fundamentals

Bob Elliott: High housing prices support U.S. consumer spending despite weak fundamentals
Housing prices sustain U.S. spending

Bob Elliott, co-founder and CIO at Unlimited, highlights that despite weak fundamentals, elevated housing prices are a key factor maintaining U.S. consumer spending.

He adds that this trend is contributing to a worsening chill in the housing market.

Elliott has previously commented on international economic headwinds, noting that Chinese growth remains slow as debt worries linger. He has also challenged common investment practices, arguing that manager resistance plays a role in alpha indexing debates. These insights provide further context to his recent remarks on the U.S. housing market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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