This is how close American households are to the financial edge
Consumer
A new report indicates nearly half of U.S. households did not earn enough to cover necessities in 2024. This level of financial strain suggests a broad-based pullback in discretionary spending is likely.
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Angle
↓ SHORT-7% target+3% stop1-3 months
Short consumer discretionary (XLY) as household financial stress is set to curtail spending on non-essential goods and services.