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Consumers Are Still Spending In A Slowing Economy

Consumers Are Still Spending In A Slowing Economy

FromSchwab Network


Consumers Are Still Spending In A Slowing Economy

FromSchwab Network

ratings:
Length:
9 minutes
Released:
Apr 28, 2023
Format:
Podcast episode

Description

With the Personal Income and Outlays data for March 2023, both income and spending came in above expectations. Jannis Meindl says that consumers are keeping up with the spending according to credit card reports. Yesterday's numbers seemed to be indicating a stagflation situation, while today's data is more encouraging. Is this the best case scenario for the Federal Reserve? Next, Meindl weighs in on a slowing economy, while labor and housing markets are both strong.
Released:
Apr 28, 2023
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.