DIGI: Finding the Cracks in the US Consumer | Meredith Whitney
Meredith Whitney, the CEO of Meredith Whitney Advisory Group, breaks down the illusion of a strong US consumer, revealing a widening gap between wealthy spenders and struggling households. She explains...
By Bloomberg Markets · Bloomberg Markets
Meredith Whitney, the CEO of Meredith Whitney Advisory Group, breaks down the illusion of a strong US consumer, revealing a widening gap between wealthy spenders and struggling households. She explains how government stimulus is temporarily masking deeper cracks, and why the economy could face a sharp reality check after the election. (Source: Bloomberg)