If you listen to the politicians and the headlines, you’ll hear a lot of talk about the “strong consumer” who is keeping the economy happily chugging along.But when we hear from actual consumers themselves, we hear a very different story. The majority of households are struggling under the surge in their cost of living post-COVID. Many express despair that the American dream is now beyond their reach.For a detailed dive into this critical topic, we’re fortunate today to speak with Joanne Hsu, director of the widely-followed University of Michigan’s consumer sentiment survey.Video Length: 00:34:26More By This Author:Unavoidable Crisis Ahead: We Have Too Much Debt That We Can’t AffordIs A Meltdown In Tech Stocks Nearing As Doubts Of A.I.’s Impact Mount?Could The S&P Really Hit 9000 In The Next Few Years?
