Consumers are scared and won't speculatively induce a consumer credit default crisis, says Tom Plumb. He discusses how we will start to see inflation data come down before economic growth does. He also talks about how the speculative boom in real estate is over. He then goes over his stock pick Copart (CPRT). He also mentions hurricane Ian recovery noting that we will see significant recovery spending in Florida. Tune in to find out more about the stock market today.
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