Moody’s Mark Zandi Warns Wall Street is 'Too Optimistic' About the American Consumer: 'I Am Getting More Nervous...'
Moody's Mark Zandi warns Wall Street is "too optimistic" about U.S. consumer resilience amid flat wages, rising rates, and falling savings.
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Why It Matters
A smart money expert thinks people are too hopeful about shoppers right now. He worries because people earn the same, borrowing costs more, and savings are shrinking.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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