Consumer sentiment remains near recessionary levels, yet spending continues to hold up surprisingly well. In this week’s Market in a Minute, Kara explores why consumers say they’re worried while continuing to spend, and how a growing divide between wealth-driven and wage-driven households is reshaping the economy. She also discusses why labor markets and credit trends may matter more than sentiment surveys when evaluating the outlook for consumer spending. |
Markets in a Minute: Two Consumers, One Economy
