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Marketplace

Unpacking the mixed bag of consumer sentiment

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 10 February 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Surveys of Americans’ economic outlooks are coming up with contradictory conclusions. Some consumers report being worse off than they were a year ago, while others are feeling optimistic. What’s behind the split? We’ll also break down the prospects for a soft landing in the Weekly Wrap, consider what 2023 may look like for initial public stock offerings and delve into why Black communities are frequently targeted by predatory financial products.

Transcript

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0:00.0

Parents and Guardians listen up million bazillion the podcast about money for kids and their families is back hosted by Marketplace's Bridget Bonder and Ryan Perez helping dollars make more sense.

0:12.4

Million bazillion is presented in partnership with Greenlight the kids and teens money app with investing.

0:18.4

Listen to episodes in your favorite podcast app.

0:23.6

Hey everybody, it's Kai.

0:24.8

We've got an exciting offer for you now through Valentine's Day. You can show your love for Marketplace by grabbing an investor t-shirt when you donate $5 a month.

0:33.9

Support the nonprofit journalism you love and get a shirt to show off your smart investments.

0:38.8

Give now at Marketplace.org slash donate.

0:43.2

What happened this week and why because it's Friday?

0:47.5

We'll talk about you and me, the American consumer.

0:50.4

And we'll talk about race in this economy and financial risk.

0:54.5

From American public media, this is Marketplace.

0:58.5

In Los Angeles, I'm Kai.

1:08.5

Rizdole is Friday. Today, as I said, the 10th of February, it is always to have you along.

1:13.9

Everybody, five days in five minutes, maybe a little bit more to be honest with you.

1:18.4

That's what we've got to decipher the week that was in this economy.

1:21.3

Honestly, on a Swanson, is it the New York Times? Cedee, ready? Is it political?

1:24.7

Hey, you two.

1:25.9

Hey, Kai.

1:26.9

All right, Cedee, we're going to pull back the fourth wall here as it were in radio.

1:30.9

And I'm going to let people know that before the gong, you and I were talking about all the various scenarios for landings that you have in your hip-bocket ready to talk about.

1:38.5

And that's where I want to start.

1:40.4

Soft landing, hard landing, no landing.

...

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