The City View: Michael Hewson on problematic consumer spending growth
The City View - City AM's Daily Podcast - A podcast by City A.M.
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Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They unpick the latest wage and labour figures, analyse Bank of England governor Andrew Bailey's comments at the Treasury select committee yesterday, go through inflation predictions for 2022, and discuss why current consumer spending growth in the US and UK will be problematic in the long run. Andy also takes us through the headlines: Vodafone revenue in Germany has increased by 1.1%, and UBS has warned potential crypto investors that this is not the time to invest.See omnystudio.com/listener for privacy information.
