Market Outlook: Boomer wealth supports U.S. consumer spending

BNN Bloomberg · BNN Bloomberg · 2026-10-30 14:01 UTC

Greg Halter discusses AI spending returns, U.S. economic growth, baby boomer wealth and Uber’s prospects as autonomous vehicles expand.

U.S. economic resilience is in focus as technology earnings and affordability pressures raise questions about the durability of the expansion. The discussion spans corporate spending and the financial health of households.

BNN Bloomberg spoke with Greg Halter, director of research at Carnegie Investment Counsel, about AI spending, consumer trends and Uber’s long-term prospects.

Key Takeaways

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