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On The Tape

Wishing All The News Was Good with Savita Subramanian of Bank of America

Sep 8, 2023
Guest: Savita Subramanian, Market outlook and consumer analysis expert at Bank of America. Topics: Apple's China crackdown, Tesla challenges, economists growing gloomier on 2024, football picks, market outlook, consumer analysis, making money in the stock market, S&P price target, China's impact on US corporations.
01:00:25

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Consumers may face challenges managing personal expenses in a higher interest rate environment.
  • Companies investing in automation to reduce labor costs can drive multiple expansion.

Deep dives

Implications of rising interest rates on the consumer

The podcast discusses the potential impact of rising interest rates on the consumer. It highlights concerns about the increasing levels of consumer credit and the potential risks associated with higher rates. It also suggests that consumers may have developed a reliance on government support and may not have fully considered the implications of managing personal expenses in a higher rate environment.

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