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The US consumer may be hitting a wall. A look at eight indicators

Reported · Written up by our desk · Major Pairs

The old addage is: Never underestimate the spending power of the US consumer. That stance has been a remarkably good one for traders. Time after time, Americans have dug into their pockets and kept the economy churning. But never say never. San Francisco Fed President Mary Daly was just out with a comment, highlighting that she's "just starting to hear the consumer may be running out of gas." Now that might not be a big red flag. In the Oct 14 Beige Book, the SF Fed reported: "Retail sales softened slightly. Contacts continued to describeeconomic conditions as bifurc

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