How consumer sentiment could be a recession signal
Goldman Sachs (GS) recently lowered its odds of a recession in the US, partly due to retail sales and labor data. The firm also looked at discussion around consumer sentiment on earnings calls.
Market Domination Anchor Julie Hyman joins Asking For A Trend to break down the discussions about consumer sentiment on earnings calls and why Goldman Sachs used it as part of its call in the latest Chart of the Day.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. Be sure to check out the interview with Goldman Sachs's Jan Hatzius here.
This post was written by Nicholas Jacobino