U.S. Consumer ‘in a Pickle’ Between Tariffs, Energy Costs & Other Inflation Pressures
Schwab Network · Schwab Network
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Show Notes
Erik Lundh gauges today’s economic data, including GDP, and how the conflict in Iran could affect future prints. “It’s hard to know” whether to reprice growth expectations yet, “all we really have in this environment are question marks.” He shares his outlook for energy costs and the potential economic fallout of sustained high prices. He’s concerned about the U.S. consumer “to a certain extent” as debt and delinquencies rise.
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