Vanguard’s Davis Sees ‘Once in a Generation’ Type Opportunities in Markets

Consumption makes up about 70% of all U.S.economic activity. With savings rates near all-time highs, consumers are primed to turbo-charge the post-pandemic recovery. However, a full recovery will require more than another e-commerce spending boom. Nick Note The coming consumption boom will get the U.S. economy fully into gear. Only half of the happy checks have arrived. And with bossiness opening up jobs are plentiful. This week is very important to us. We got Fed Speak and key components of the FANG 2nd Qtr earnings come in…..