November 11, 2022 – Chief Economist and Managing Director, Jeanette Garretty appeared on Yahoo Finance discussing how “Consumer sentiment ‘doesn’t really track consumer spending,’ she said, “Consumer sentiment doesn’t really track consumer spending as much as you would think because what really drives it is income. And so underlying this is a concept of real income, right? There are jobs. There is wage growth. But inflation is taking its toll. And I think that’s what’s crept in here.” Watch here: https://yhoo.it/3EuTzPW