). To shed light on what these figures reveal about consumer health, Miller Tabak managing director and equity strategist Matt Maley joins The Morning Brief.He notes while markets want lower interest rates, such a decrease could be problematic if it signals an economic slowdown.
Well, I mean, one of the things of course is that people have been starting to worry a little bit about the consumer and, and how uh how strong the consumer is. Well, I mean, one of the things that uh you know, needless to say the consumer is so incredibly important, 70% of our economy. Uh It's gonna be tough if we don't see uh future earnings forecast pick up uh to kind of bring that pe ratio down a little bit.
And uh and we also have to wonder, II, I must admit, II, I, you know, Sunday, we were, you know, everybody was talking about on the political side of things that, oh, Biden's gonna be the nominee.Um But thankfully, uh uh uh no, you know that, well, somebody did lose their life, which I'm sorry to say.
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