Over-Leveraged Consumers & Corporations Pose The Biggest Threat To the Economy | Neely Tamminga
And right now, it's a toss-up whether they'll sink or swim
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The media is full of reports that the economy is in fine shape due to a "strong" and "resilient" consumer who has held up much better than expected during the recent years of high inflation and high interest rates.
But has the average consumer truly shrugged all that off?
Or are they in worse shape than we're being told?
For a deep dive into the true state of the US consumer, I sat down with Neely Tamminga, researcher, professor and co-founder of the retail consulting firm DISTILL.
To hear what she thinks, click here or on the image below:
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