Surveillance: Recession Fears with Reinhart (Podcast)
Bloomberg Surveillance
00:00
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Vincent rhinehart: The consumer shifted faster than they expected, in terms o the consumer going out requiring suit cases instead of swim suits. Oliver Chenwithe: We are seeing a bifurcation on the consumer. On the one hand, there's lots of savings on the side lines. But the lower end consumers,. under plenty of pressure, specifically the under 50 k household income as inflation takes hold.
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