Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
GDP comes in this week at 1.6%.
The revision for the first quarter, annualized, of course.
PCE, the Fed's preferred measure of inflation.
I'm required by law to say that phrase.
It sounds like stagflation to me.
You have stolen like the next three bullet points on my list of things I was going to talk to you guys about.
But we're going to go there anyway.
And Sadiq, you get this question and it's this and it goes to the consumers.
Amara was talking about, you know, consumers are still spending, but the savings rate is down.
Credit card debt and delinquencies are up.
This is the first real hard data, other than the vibes of consumers are cranky, that we've seen that are maybe not great for consumers.
Do you think we are cracking finally?
All right, Amara, let's do this.