Mish Schneider on the Consumer, Fed Cuts, and Why She Likes Hard Assets

Mish Schneider is looking forward to Walmart (WMT) and Costco (COST) earnings, as well as some department stores, to track where consumers are spending. She previews the Fed’s December meeting, pulling for a rate cut, but discusses how expectations for that cut have fallen substantially. She believes the Fed is more focused on the labor market as new college grads enter the market as unemployment rises. Right now, she likes hard assets including silver (/SI), and potentially big tech.

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