Mitchell Hartman
speaker
1,173 appearances
40 recordings
3 series
first heard Jan 2025
last heard 5d ago
Mitchell Hartman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 39 in all, peaking in Jan 2026 with 7.
Appearances
Would that be a crisis?
Well, it surely wouldn't help, says Guy Sakala at Inside Mortgage Finance.
He points out that mortgage rates are already approaching seven percent.
The consumer economy, already showing signs of inflation fatigue, might slide more, says Jeff Klingelhofer at Aristotle Pacific Capital.
As borrowing costs go up while inflation eats away virtually all of our wage gains at work.
I'm Mitchell Hartman for Marketplace.
Overall, the market's had a stellar run of second quarter financial results, says Sam Stovall at CFRA Research, and that extends to the big box chains selling stuff to America's beleaguered consumers.
Though it's a bit of a mixed bag.
Sellers of some big ticket items are struggling.
He says it's discount retailers who are getting the most love from cash strapped consumers.
He attributes that to slowing stock market gains and layoff announcements in tech and middle management.
Given all the economic stresses consumers and retailers face right now, Samana isn't overly impressed with the sector's performance.
He says that could change.
If consumers start acting the way they say they feel, which is pretty bleak about the economy and their own financial prospects, the run of good results for retailers could peter out.
I'm Mitchell Hartman for Marketplace.
A lot of economic warning signs were flashing red after the sharp pullback in consumers retail spending in July, but points out Jeffrey Roach at LPL Financial.
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However, Roach admits some categories of discretionary spending have started to weaken.
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The job market has also weakened and wage gains have started to fall behind overall inflation, says Joanne Shu, director of the University of Michigan surveys.
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And what that means going forward is probably that consumer spending doesn't fall off a cliff, but it doesn't rebound to stronger levels from earlier this year either.
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Dana Peterson is chief economist at the conference board.
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Showing 61–80 of 1,173 · page 4 of 59
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