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Rhiannon12866

(258,087 posts) Fri May 8, 2026, 04:50 AM 2 hrs ago

'Really, really squeezed.' CEOs sound alarm over weakening consumer spending - The 11th Hour - MS NOW

Stocks are surging despite uncertainty over the war in Iran, thanks in part to strong corporate earnings. But listen closely to these earnings calls, and even executives are not feeling so confident about the state of the economy. Brooke Masters and Justin Wolfers discuss on The 11th Hour. - Aired on 05/07/2026.

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'Really, really squeezed.' CEOs sound alarm over weakening consumer spending - The 11th Hour - MS NOW (Original Post) Rhiannon12866 2 hrs ago OP

Uncertainty will do that. Aussie105 2 hrs ago #1

And these "officials" were boasting that credit card use is way up! Rhiannon12866 1 hr ago #2

Aussie105

(8,130 posts)

1. Uncertainty will do that.

Reply to Rhiannon12866 (Original post)

Fri May 8, 2026, 05:23 AM

2 hrs ago

It creates both an emotional and financial cringe for a lot of people.

And unhappy, worried people tend to hang onto their money.

Especially if you aren't sure if there will be a next paycheck.

Welcome to the upcoming economic downturn.

Why do manufacturers assume consumerism is a fixed thing, anyway?

Rhiannon12866

(258,087 posts)

2. And these "officials" were boasting that credit card use is way up!

Reply to Aussie105 (Reply #1)

Fri May 8, 2026, 05:33 AM

1 hr ago

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