Bloomberg Radio – Hank Smith, Head of Investment Strategy, spoke with Bloomberg Radio hosts Carol Massar and Tim Stenovec regarding recent market conditions, the strength of the U.S. consumer, and the likelihood of a recession in the coming months. “The consumer is in great shape―record incomes, record household wealth,” Smith stated. “We still believe [pent up demand] is going to be a driving force for the economy as consumers unleash getting out of a two-year pandemic.”
Click here to listen to the radio segment.