Consumer Sentiment Falls for 4 Straight Months: Threat of ‘Stagflation’
Schwab Network · Schwab Network
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Show Notes
Ian Wyatt and Ted Rossman discuss the Consumer Sentiment survey, which fell for the fourth straight month. The data is predictive, Ted argues, because it shapes purchasing decisions: consumers are stocking up, advancing purchases, and might pull back in the future. He thinks the data could push the Fed to keep rates higher for longer. Wyatt said what’s “concerning” about higher expectations around inflation is the threat of “stagflation.”
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