Deep Dive: Personal Consumption and Credit

The video tutorial explores the relationship between consumer credit and personal consumption, emphasizing the role of wages in driving consumption. It highlights the Atlanta Fed GDP tracker, noting a discrepancy between perceived economic conditions and the tracker’s data. The discussion extends to the 10-year yield, examining its correlation with ISM manufacturing orders and CPI, suggesting potential market implications.

What is Jelena's main takeaway regarding what matters for the economy?

According to the text, what is the relationship between personal consumption and wages?

What does the Atlanta Fed GDP now tracker aim to estimate?

How does the text describe the correlation between ISM manufacturing new orders and the 10 year yield?

What economic indicators are mentioned in relation to the upcoming CPI report?