Smith: Consumers have been extraordinarily resilient this year

Let's talk about the PCE inflation data and just how much it is a significant player in the market path going forward. >> Well, the Fed is looking at that obviously and so, you know, all my clients have to look at what the Fed's thinking because that's how they're making decisions how they invest. Um, you know, what's really interesting is that consumers have been extraordinarily resil resilient this year.um you're seeing that 50% of US um consumers are actually in the top 10% of income earners. So that's w ...