Sam Stovall Warns of Consumer Spending Collapse if Credit Tightens
Sam Stovall issued a warning that consumer spending could collapse the moment banks begin to tighten credit availability.
2 stories found
Sam Stovall issued a warning that consumer spending could collapse the moment banks begin to tighten credit availability.

Sam Stovall of CFRA Research suggests that disruptions in energy markets are unlikely to trigger a major downturn in U.S. stocks, offering a perspective on the broader economic impact of the current oil crisis.