Consumer sentiment has seen a ‘substantial decline’ this year

Consumer sentiment has seen a ‘substantial decline’ this year

00:00 Speaker A Consumer sentiment data is coming in worse than expected today. The final reading on December consumer sentiment from the University of Michigan actually came in lower than the previous reading and below where Wall Street had predicted those numbers. Joining us now, Joanne Shue, University of Michigan Director of Consumer Research. Joanne, … Read more

What Trump has to do with it

What Trump has to do with it

00:00 Julie Let’s turn to the oil market because oil is coming back after hitting the lowest level since 2021. Crude prices fell below $55 a barrel on Tuesday. And this comes as President Trump is ordering a blockade of sanctioned oil tankers entering and leaving Venezuela. Jake Conley of Yahoo Finance has been following … Read more

Why American families are “failing to clear” a line to participate in the economy

Why American families are “failing to clear” a line to participate in the economy

00:00 Speaker A If you look at the aggregate, if you look at the big numbers, if you look at GDP, GDP is good and it doesn’t necessarily require all consumers to participate. That’s what we’ve seen historically, right? Um, and not only that, but enterprise spending is making a bigger slice of that pie … Read more