Weekly Strategy Perspectives: Just the FAQs Part II – The Enigmatic Consumer

“I don’t know what the unemployment rate will be in 2028, but I guarantee you that 100 percent of it is going to be blamed on AI by the American public and by lots of opportunistic politicians.”
– Daron Acemoglu, Nobel-winning economist

The Through Line: Many of the questions we’ve received from clients and colleagues during our recent travels relate to consumers. The queries were plentiful – employment prospects, the status of balance sheets, willingness (and wherewithal) to sustain consumption, souring sentiment, the growing chasm between “haves” and “have-nots” and the impact of AI. This week’s piece unpacks “all the things” and aims to weave them back together into a coherent overview.

To read the full report, click here.

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