Surveillance: Ricchiuto on Idiosyncratic Risk
Bloomberg Surveillance
00:00
Biases in Consumer Behavior, Labor Market Cracks, and Financial Market Horizon
This chapter explores biases in consumer behavior towards generic brands and higher-end brands, and the significance of differentiating between nominal and real retail data. It also examines the potential impact on consumer spending due to labor market changes, including labor hoarding, weakness in temporary employment, increased unemployment claims, and layoff announcements. The chapter concludes with a brief discussion on the outlook for financial markets.
Transcript
Play full episode
