Edison’s consumer watch remains pessimistic, but with opportunities

[MongiIG]

Going into the back end of the year IGTV’s Jeremy Naylor caught up with Russell Pointon, one of the authors of the Edison Investment Research Consumer Watch report, for the third quarter. The message is that while it is very likely that we have yet to see the worst for the consumer, there are the early vestiges of opportunity coming through. The share prices of many companies have been so beaten up there is value to be had but be warned there may still be further downside to come.