Paul Kasriel Quotes
Households have not meaningfully repaired their balance sheets since the onset of the last recession... Households are not 'better positioned' than they were earlier to boost outlays as their wariness about the economic environment abates. If anything, they are more poorly positioned to do so.
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Households | Meaningfully | Repaired | Balance | Sheets |
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We're not in a recession. We're not going to be in a recession. Recovery is on the horizon. The decks are clear. The economy is in direct drive.
- Paul Kasriel
