The Fed, Earnings, and EV Chargers
Bloomberg Intelligence
00:00
The Importance of Consumer Oriented Earnings
We have this potential for just some weakness that we've seen trading down, maybe not buying as much from some of the consumer packaged goods side. At the same time we've got travel where Delta and the like are still seeing this enormous demand, especially for international travel. Where is the consumer now? Is this a bifurcated high income low income situation? Absolutely. That segway is right into inflation. The lower end consumer is hit more with inflation. They feel it more. And that's why consumers are going to continue to spend. We're going to see rents coming down, inflation coming down, and they're going to have more money in their wallets.
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