U.S. stock futures dip ahead of a busy week on Wall Street
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With earnings season about to kick off, U.S. stock futures slipped Sunday,
after the Dow and S&P 500 closed Friday at record highs.
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Indeed, family spending levels are now back to where they were 15 years ago, and more and more of a typical family's budget is now going on petrol, train fares and heating bills, while spending on things such as clothing, footwear and household goods keeps falling.
ReplyDeleteBritain's households are now in their sixth year of spending cuts, and with the things that really matter to household budgets – heating bills, train fares, etc – rising much faster than earnings, there is no end in sight.