' YOLO ' consumers are driving what could be one of the last good stretches for the economy, Wharton ' s Jeremy Siegel says

Getty Images Economic resilience is largely due to higher summer spending, Wharton Professor Jeremy Siegel wrote. But the Fed should not lift rates due to this, as consumer activity could fall in September or October. "It is the 'YOLO' (you only live once) consumer out traveling and enjoying the…#gettyimageseconomic #jeremysiegel #yolo #wisdomtree #federalreserve

Source: Reuters: Health - July 11, 2023 Category: Consumer Health News Source Type: news