Table of Contents
Inflation continues to be a major concern for American consumers, despite the record levels of the US equities market. Consumer sentiment has fallen to its lowest point since November 2023, with inflation being cited as the biggest financial worry. Experts Eric Freedman and Steven Ricchiuto discuss the impact of inflation on corporate earnings and the housing market. While inflation is helping corporate America produce solid earnings, it is also affecting household disposable income and the cost of financing for housing. The disparity between the stock market's performance and consumer sentiment is a cause for concern. The experts also discuss the potential impact of the Federal Reserve's rate cuts on the economy and provide insights into investment strategies. Overall, the current economic landscape is a "double-edged sword" with inflation affecting both corporate earnings and consumer spending.