Lighthouse Macro

Lighthouse Macro

Two Economies

One Consumer, Two Consumer, Rich Consumer, Broke Consumer.

Bob Sheehan, CFA, CMT's avatar
Bob Sheehan, CFA, CMT
Apr 20, 2026
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The Beacon · April 20, 2026

On Friday, we wrote the companion piece ahead of schedule. Three other writers had each moved the ball that week, and the conversation was ready for it. We promised the ful…

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