Wealthion - Be Financially Resilient cover image

Recession By Q4? And 6% Unemployment Next Year? | Chance Finucane

Wealthion - Be Financially Resilient

00:00

Signs of Struggling Consumers

This chapter analyzes the signs of consumer struggle in the economy, such as plummeting savings rates, record-high consumer debt balances, and increasing reliance on credit for essential items. It discusses the underperformance of Dick Sporting Goods and the correlation between elevated delinquencies and the federal deficit. The chapter also delves into inflation and interest rates, debating the difficulty of bringing inflation down and the potential impact of the Federal Reserve's actions on the economy.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app