Watch: Inflation and the price of food and household products has crowded out spending: Analyst
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UBS U.S. Food Retail Analyst Michael Lasser joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to discuss what to expect from retail earnings reports this week, how retailers are dealing with excess inventory, and the impact of a potential recession.
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Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
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About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
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Francisco Gimeno - BC Analyst Once again this is a moment in history where we all are afraid of inflation and a possible recession and even worse news. The consumer products like food etc, are more expensive than before and prices continue going up erasing any savings from families and individuals, while inventories face pressure to increase demand in this bad environment. Each country is different anyway, US consumers face a lot of pressure but their financial authorities are trying to fight this. We will have to wait and see what happens there, while in other territories like Western Europe the Ukraine conflict and fears about gas and energy compound all these negative factors making even more probable a recession sooner than later.