Stocks Not Too Bothered by Higher for Longer
MRKT Matrix
00:00
Is There a Bottomless Pit Left?
Lizzo: The argument that I continue to hear is that, but there's so much savings left. How? Because the savings rate is down under 3%, it may drop below 3%. Lizzo: credit card spending is way up. And if they're up and staying elevated, news flash, revenues are also coming down because inflation is down. "It cannot go on forever and ever with expanding multiples," he says. 'None of these things fix themselves overnight'
Transcript
Play full episode
