An Overlooked Fault Line in American Animal Spirits: Homeowners vs. Renters

In recent years, much of the media narrative about consumer confidence has focused on the partisan sentiment gap, where Republicans and Democrats flip-flop on optimism based on which party holds the levers of power in Washington D.C. In our “K-shaped” economy, surveys also reveal a confidence chasm between upper- and lower-income population cohorts. But there’s…

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