Steven Zaccone

Steven Zaccone, a U.S. Broadlines and Hardlines Retail Analyst at Citi, shares insights on the resilience of U.S. consumers amidst macroeconomic challenges. He discusses how tariffs are raising prices on imported goods and the differentiated impact of income levels on spending behavior. Zaccone also covers the slowing growth of e-commerce and the potential of AI to transform online shopping. With cautious optimism for the holiday season, he highlights risks such as a market pullback that could affect consumer strength.