Meredith Whitney Says Lower-End Consumer Going Through Recession
Meredith Whitney Advisory Group CEO Meredith Whitney says the lower-end consumer is going through a second recession in three years and the "avocado toast generation" is powering spending. Speaking on...
By Bloomberg Markets · Bloomberg Markets
Meredith Whitney Advisory Group CEO Meredith Whitney says the lower-end consumer is going through a second recession in three years and the "avocado toast generation" is powering spending. Speaking on "Bloomberg The Close," Whitney also comments on retail stocks and the AI boom. (Source: Bloomberg)