
Resisting Recession with Cathie Wood
FYI - For Your Innovation
00:00
Consumer Sentiment Survey
The consumer is more miserable now, and it has everything to do with the loss of purchasing power associated with inflation. Gas line demand was down eight % on a year over year basis in july. While existing home sales down five point four %, annualize that, you're down by more than 60%. That just gives you a sense of how housings giving way.
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