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Perspective
WSJ – Daily Shot: JPMorgan – Changes in Local Consumer Commerce Index (LCCI) 8/3
- “With wages stagnant, older Americans have cut back on spending more than other generations. In particular, restaurant spending by those who are 55 and older has cratered (second chart below). “LCCI” stands for Local Consumer Commerce Index.”
Worthy Insights / Opinion Pieces / Advice
WP – Trump’s golf game tells us an awful lot about Trump – Dana Milbank 8/2
Real Estate
WSJ – Daily Shot: R Street – Real Estate Double Bubble – Alex Pollock 8/3
