Consumer Sentiment Is Looking Shaky

Consumers appear more cautious, notes Eddie Yoon. He and Ted Rossman discuss the key takeaways from April consumer sentiment report. Eddie notes that bank failures are shaking consumer confidence. Ted highlights that it is going to be difficult to knock out inflation without a recession. He notes that the sentiment decline among low-income, younger consumers could be "canaries in the coal mine." They then go over predicting the next "new, new thing" consumers will be drawn to. They also look at consumer sentiment and the overall economy. Tune in to find out more about the stock market today.