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Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily i...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up and economic growth falters. “Our desk is getting bearish on consumer and our soft […]

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