Canary in the Coal Mine with Stuart Sopp of Current
RiskReversal Pod
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The Importance of Product in the Blue Collar Sector
The only way you can really strategize to get out of this is through high value products, through stickier products, through giving back to the consumers. We've had an elevated national spend, we had a trillion dollars of credit card debt. And I think there's a lot of fragility in the consumer and they're putting it on these debts and rolling them up. On the positive side, you're seeing wage perces. This is what's come through to the Fed, right? Is the 5% 6% you look at the Atlanta Fed, that's all like blue collar, you know, sort of working class hourly paid workers. So you've got a mixed bag in there
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