Lowell on CNBC: Consumers Are the Backbone of the U.S. Economy
Chief Investment Officer Jim Lowell appeared on CNBC World to discuss why U.S. consumers and their employment status are keys to the health of the economy. He says consumers are still in good shape despite ongoing geopolitical risksThe probability that an investment will decline in value in the short term, along with the magnitude of that decline. Stocks are often considered riskier than bonds because they have a higher probability of losing money, and they tend to lose more than bonds when they do decline., domestic politics and the threat of a global economic slowdown.
