
Jobs, Markets, And A Look At Tesla
Bloomberg Intelligence
00:00
Do Come Back to Work On?
The American consumer is what powers this economy. With the kind of wage growth we are seeing, exing out inflation, how long are consumers going to be able to be tolerant of those price increasesi and i would imagine that we have at least enough cushion for the next several months. But it's certainly not an indefinite fix. And if, in fact, transitory price pressure do prove to be longer lasting, as we look out to the end of the year and into 20 22, at some point consumers are going to be priced out of the market.
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