3.8% Economic Growth Seems High to Me: Wolf

The transcript discusses global economic conditions, highlighting challenges in Europe, Russia, and China, while noting the US's relatively strong position. It covers the US economic outlook, focusing on holiday retail forecasts and consumer spending trends. Despite a decrease in the jobless rate, wage stagnation remains a concern. The discussion also touches on economic challenges and predictions, including the impact of online sales and employment trends.

What are the expected trends in consumer spending during the holiday season?

How do stagnant wages impact consumer behavior and spending?

What are the potential risks to retail sales this winter?