Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23
Morning Call
00:00
The Consequences of Consumer Spending Outlook This Year
Goldman Sachs estimates that consumer disposable income is going to increase 8% this year. That's a multi-decade high, very robust income that stems from the type of labor conditions high wage inflation. So you're paying a lot of tailwinds there, Jason. I know you say there's one more tailwind when it comes to consumer staples.
Play episode from 25:40
Transcript
