U.S. Retail Sales Disappoint in November

The video discusses the consumer-driven economy, highlighting robust consumption and a slight downturn in growth. It explores holiday sales, consumer sentiment, and the impact of PPI trends on inflation and wages. The shift in consumer spending from retail to online and services is analyzed. The Federal Reserve's cautious approach to interest rates and economic policy is also covered, emphasizing gradual changes and economic stability.

In what ways has consumer spending shifted from traditional retail to online platforms?

What are the potential consequences of the Federal Reserve's cautious approach to interest rate changes?