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SOTS 2nd Hour: The Black Friday Breakdown, plus Stocks & Streaming w/Al Michaels 11/29/24

Squawk on the Street

CHAPTER

Economic Landscape and Consumer Sentiment

This chapter examines the current economic environment, discussing rising prices, wage growth, and the record-high S&P 500, while noting public concerns over inflation. It explores the impact of inflation on consumer and small business sentiment, especially regarding food prices during the holiday shopping season. The discussion also covers retail trends from Black Friday, including significant online spending and predictions for holiday participation, alongside the influence of social media on e-commerce.

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