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First Tricolor Subprime Meltdown, Now UBS Warns: Consumer Weakness Spreading From Low-Income To Middle-Class

First Tricolor Subprime Meltdown, Now UBS Warns: Consumer Weakness Spreading From Low-Income To Middle-Class Restaurant spending has historically been among the first discretionary categories to decline when consumers experience economic hardship. The picture now emerging is one of "lower-income c......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/markets/first-tricolor-subprime-meltdown-now-ubs-warns-consumer-weakness-spreading-low-income