Can Consumers Save the U.S. Economy From Downturn?

The video discusses the US economic buffer against overseas issues, highlighting moderate consumer spending growth. It explores potential risks to consumer spending, such as stock market fluctuations, and the impact of wealth effects on different income groups. The discussion includes future catalysts for spending growth, like falling gasoline prices, and examines the Federal Reserve's rate hike plans amid improving labor market conditions.

What potential risks could jeopardize consumer spending in the near term?

What role do gasoline prices play in consumer spending for lower-income households?