Bloomberg Daybreak: US Edition cover image

Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China

Bloomberg Daybreak: US Edition

00:00

Analysis of U.S. Consumer Resilience and Spending

The hosts examine the recent earnings report of Citigroup and discuss the resilience of the U.S. consumer, questioning whether it applies to all income levels. They express concern about the reliance on credit and living paycheck to paycheck, while also highlighting the historical trend of consumption remaining resilient even during recessions.

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