AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
Consumer Sentiment Still Very Negative, UMich's Hsu Says
University of Michigan Surveys of Consumers Director Joanne Hsu says consumer sentiment remains sharply divided by income and wealth. Speaking on "Bloomberg Open Interest," Hsu cautions that a one-day market drop may have little effect, but prolonged weakness could undermine wealthy consumers’ willingness to spend. (Source: Bloomberg)
