Consumer Sentiment Still At 10 Year Low

Consumer sentiment is like inflation, better than a few months ago, but still a lot of room for improvement, says Ted Rossman. He and Sucharita Kodali discuss the takeaways from Consumer Sentiment data. They talk about what's next for the U.S. consumer in 2023. Ted also notes that consumers are spending more but not feeling like they're getting more due to inflation. They then go over which areas of the market are more affected by inflation. Sucharita says that consumer confidence is higher than this summer, but still at a 10 year low. Tune in to find out more about the stock market today.