The focus on value is definitely key and we're seeing the continued strength of essentials stronger than discretionary. I'd say what I worry about overall is that for some of the companies that have reported, it certainly seems as if they're taking that they beat the first quarter. They're adjusting the second quarter a little bit lower and expecting the back half of the year to be a big uptick. So bottom line is that lower to middle income consumer is still cautious.
Dana Telsey, CEO & Founder of Telsey Advisory Group, talks about the retail sector and consumer spending. Daniel de la Vega, President of One Sotheby’s International Realty, discusses the strong housing demand in South Florida. Marc Cooper, CEO of Solomon Partners, talks M&A outlook. And we Drive to the Close with Jake Jolly, Head of Investment Analysis at BNY Mellon Investment Management.
Hosts: Carol Massar and Matt Miller. Producer: Sara Livezey.
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