With summer travel season on the horizon, Cheddar News is providing a few tips so you can get the best bang for your bucks. Haley Berg, lead economist at Hopper, joined "Closing Bell" to share some cost-saving strategies. "We're expecting a packed Memorial Day weekend. It will be the biggest Memorial Day weekend since pre-pandemic and most of those travelers, luckily, paying a little bit less than last year but still around those 2019 levels,"
she said.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.