Consumers are not feeling confident about the future, with new data released by the Conference Board showing the Expectations Index, which is based on consumers’ short-term outlook for income, business, and labor market conditions, hit a 13-year low.
Wells Fargo head of advice and planning, Michael Liersch, sits down with Wealth host Brad Smith to discuss how consumers are navigating macro-level uncertainty, outlining three ways people are still spending.
To watch more expert insights and analysis on the latest market action, check out more Wealth here: https://finance.yahoo.com/videos/series/wealth/
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