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KG on Sliding Consumer Sentiment, U.S.-Iran Disconnect & Warsh's Fed


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Consumer sentiment continues to slide, as Kevin Green points to metrics suggesting Americans are more concerned about their wallets getting pinched by inflation. He turns to the biggest factor driving those concerns: the Strait of Hormuz. KG touches on the disconnect between headlines suggesting peace talks are occurring from a lack of traction in Iran. With Kevin Warsh being sworn in as Fed Chair Friday, KG turns to the bond market's big picture and cautions Warsh needs to take amid heightened inflation. Consumer sentiment continues to slide, as Kevin Green points to metrics suggesting Americans are more concerned about their wallets getting pinched by inflation. He turns to the biggest factor driving those concerns: the Strait of Hormuz. KG touches on the disconnect between headlines suggesting peace talks are occurring from a lack of traction in Iran. With Kevin Warsh being sworn in as Fed Chair Friday, KG turns to the bond market's big picture and cautions Warsh needs to take amid heightened inflation.

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Schwab NetworkBy Schwab Network