Name: Casey: Tariffs ‘Stress Testing Consumer’ & Discretionary Spending
Uploaded: 2025-04-30T19:21:44.535-05:00
Duration: 6 min 3 s

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Mel Casey surveys the consumer discretionary sector, noting bad news from autos and cruise lines, but strength still in hotels. He thinks the negative GDP reflects pulled forward demand ahead of tariffs. Right now, he says it’s important to make sure no name dominates your portfolio, even if it’s strong. “We’re stress testing the consumer,” he notes, but thinks there’s still too much unknown.

Casey: Tariffs ‘Stress Testing Consumer’ & Discretionary Spending

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