KSTR - How Is Consumer Resilience Adapting To Changing Market Conditions?

2024-05-20 09:35:00 ET

Summary

• American consumers, often seen as a bellwether for the global economy - have been largely resilient and healthy despite sticky inflation and higher interest rates.
• Can this resilience continue as difficult market conditions persist?
• At a high level, the younger generation has less spending power than older generations did when they were in their twenties and early thirties.

Episode Description

American consumers, often seen as a bellwether for the global economy - have been largely resilient and healthy despite sticky inflation and higher interest rates. But can this resilience continue as difficult market conditions persist?

Lisa Yang, portfolio manager and co-head of the consumer industry “super group” within BlackRock Fundamental Equities, joins Oscar Pulido to give a pulse check on consumer resilience and the implications in the equities market.

Transcript

Oscar Pulido: American consumers often seen as a bellwether for the global economy have been largely resilient and healthy, despite sticky inflation and higher interest rates. But can this resilience continue as difficult market conditions persist. Welcome to the Bid. We break down what's happening in the markets and explore the forces changing the economy and finance. I'm Oscar Pulido....

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