Neuberger Wealth CIO says investors should watch for one signal that shows the US consumer is weakening
Statele Unite
Consumer spending in the US has held up, even in a year rocked by economic volatility, but one Wall Street investment chief says there are reasons to be cautious. Shannon Saccocia, CIO of Neuberger Berman's wealth division, isn't convinced that the current consumer spending strength will continue. Speaking with Business Insider this week, she said her team sees a strong possibility that investors are underestimating the risks to consumer-facing sectors, and there's one key signal that they
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