Consumer Spending Patterns Signal Economic Unevenness
Abby Joseph Cohen, a prominent economist from Columbia Business School and former Goldman Sachs partner, warns that current consumer spending patterns reveal an uneven U.S. economy with underlying structural issues. She also raises concerns about the sustainability of artificial intelligence-driven investments. Cohen's commentary comes ahead of the Jackson Hole Federal Reserve meeting, suggesting significant economic considerations for policymakers.
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Consumers Are Signaling an Uneven Economy, Abby Joseph Cohen Says
Abby Joseph Cohen, a prominent economist from Columbia Business School and former Goldman Sachs partner, warns that current consumer spending patterns reveal an uneven U.S. economy with underlying structural issues. She also raises concerns about the sustainability of artificial intelligence-driven investments. Cohen's commentary comes ahead of the Jackson Hole Federal Reserve meeting, suggesting significant economic considerations for policymakers.
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