Goldman Top Trader Reflects On The Current State of The 'Almighty US Consumer'
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As the markets parse the opening salvo of Trump 2.0, Goldman Sachs head of hedge fund coverage, Tony Pasquariello, believes it’s worth stepping back and level-setting the current state of the almighty US consumer.
You know this already, but by way of reminder, US consumption still comprises about two-thirds of US GDP (and one-sixth of global GDP).