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But we saved everything 🙂.
Bob Elliott questions the potential for a significant rebound in household spending for the second half of 2025.
He highlights that metrics adjusted for political party affiliations do not indicate any signs of improvement. Observing the trend, Elliott notes that these measures appear to be declining rather than strengthening, casting doubt on predictions for an economic upswing driven by consumer spending.
Elliott’s cautious stance aligns with his prior focus on the necessity to diversify hedge fund investments as a buffer against unpredictable market cycles. His previous examination of Jackson Hole policy implications and growth outlook further underscores the complex interplay between monetary policy and household sentiment, reinforcing skepticism toward forecasts of a robust consumer-led recovery in the near term.