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Business Rundown: A Split-Screen Moment For The US Economy

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Something of a split-screen moment in the U.S. economy.

The Dow, S&P 500, and Nasdaq are all finishing up for their 6th week in a row, hitting record highs on a regular basis. But at the same time, consumer confidence has been falling, as a majority of Americans say they feel worse off than four years ago. How do we square these two snapshots of our nation’s economy?

The Big Money Show co-anchor Taylor Riggs speaks with Annex Wealth Management’s chief economist Brian Jacobsen about how this situation has left the higher-income consumer better off while lower-income Americans have the “budget blues.”

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1204 episoade

Artwork
iconDistribuie
 
Manage episode 445791862 series 2857482
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Something of a split-screen moment in the U.S. economy.

The Dow, S&P 500, and Nasdaq are all finishing up for their 6th week in a row, hitting record highs on a regular basis. But at the same time, consumer confidence has been falling, as a majority of Americans say they feel worse off than four years ago. How do we square these two snapshots of our nation’s economy?

The Big Money Show co-anchor Taylor Riggs speaks with Annex Wealth Management’s chief economist Brian Jacobsen about how this situation has left the higher-income consumer better off while lower-income Americans have the “budget blues.”

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1204 episoade

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