This Will Be A White Collar Recession

There are clear signs that this economic downturn will be a "white collar" recession, says Eddie Yoon. He and Ben Ayers recap the most recent consumer sentiment survey. Eddie notes that this recession will have a disproportionate impact on sectors driven by workers making more than $100K. Ben says that sentiment picked up as households cheat signs of disinflation, and consumers cast a wary eye on a potential recession over 2023. They also go over how white collar layoffs could impact consumer sentiment in 2023. Tune in to find out more about the stock market today.