The consumer can continue to do okay in this rate environment, says BofA's Savita Subramanian

CNBC and streaming on CNBC plus. >> Welcome back to The Exchange. We're seeing a big divergence in the consumer trade today.Discretionary stocks are the best performers while staples is the only sector in the red after Powell paved the way for a September rate cut. My next guest expects that divide to remain. Joining me now is Savita Subramanian, head of U.S. equity and quantitative strategy of B of a securities.And Savita, it's great to have you on. This divergence we're seeing in the consumer and specific ...