Inflation: Consumer confidence 'has been destroyed,' strategist says

by | Oct 10, 2022 | Invest During Inflation | 10 comments

Inflation: Consumer confidence 'has been destroyed,' strategist says




#Inflation #yahoofinance
The Leuthold Group Chief Investment Strategist Jim Paulsen joins Yahoo Finance Live anchors Seana Smith, Dave Briggs, and Rachelle Akuffo to discuss today’s market gains in the greater context of the ongoing Fed rate hikes and economic environment for consumers.
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10 Comments

  1. James Ruscheinski

    stronger currencies overcome inflation for more purchasing power of domestic and export goods

  2. James Ruscheinski

    consumers look for stronger currencies to make purchases that cover inflation

  3. Benny Blanco

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

  4. Jesse Johnson

    All of his facts are jello and don't sound convincing. This sounds like he is politicking on his behalf. You should have pressed him harder to validate his stance.

  5. brian oleson

    dont we wish this guy was right… gas up nearly 20% in 4 weeks new stimulus checks coming out this month for sure inflation is going down…. its a big mess its not a one way street

  6. Deepak Subramony

    I hope the Fed does what is right for the American PEOPLE, which is to LOWER the inflation that is eating the middle class alive. Yes, the 1% super-rich investor class is crying because their party is coming to an end, they have gotten fat gorging on free money at 0% interest rates for a very long time, while the rest of society gets poorer, and they are hoping to blackmail the Fed into pivoting so that their party can restart. The Fed needs to understand that it is accountable to the American middle class and not the 1% investor class.

  7. j

    Are these people insane!? Look at the inflation around the world. So you’re going to ease and hyper inflate the world I suppose.

  8. thisbarb

    Who is this guy? The Fed's core mandate is to the American consumer and not to some goddamn candlestick charts. Keep the hikes coming.

  9. John Greg

    The smartest thing that should be on everyone's mind right now should be to invest in different streams of income that are not dependent on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…)

  10. Frank Bruno

    The fed will destroy the world if it don't pause stop raising rates

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