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European Consumers Remain Cautious

Phil Gorham's recent trip to a European consumer conference underscored his worries about firms' abilities to pass on higher prices to Western Europeans.

Mentioned:

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with senior analyst Phil Gorham. He just came back from the CAGE conference in London. That's a consumer goods conference for Europe, and he is here to talk to us a little bit about what he learned there and how the European consumer is doing.

Phil, thanks for joining me today.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.