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Consumers Are Feeling Gloomy About The Economy. Here’s Why They’re Spending Anyway

by The Wealth Advisor Contributor
Consumer sentiment has fallen and layoffs are rising, yet U.S. shoppers have fueled solid retail sales growth.

Featured

Startup Backed By Altman, JPMorgan Announces Capital Lending Partnership With Amazon

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday.

Trump Says He’s ‘Strongly’ Considering Reclassifying Pot Via Executive Order

President Donald Trump confirmed he’s considering an executive order loosening regulations on marijuana.

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

Legendary Hollywood film-maker and actor Rob Reiner and his wife Michele have been found dead in their Los Angeles home.

Recent

Portfolio Construction

ESG Duds Have Nowhere to Hide, World’s Biggest Stock Owner Says

Chief executive of world’s largest stock owner says life is about to get harder for companies that fail environmental, social and governance tests.

Washington Wire

Powell’s Fast-Taper Signal Presages Agile Fed on 2022 Rates

Investors can expect stepped-up Fed communication of an evolving outlook for employment and inflation that stresses flexibility.

Washington Wire

Credit Funds Signal More Pain as Record Cash Swamps Treasury ETF

Bond fund flows reflect the shifting risk appetite. Investors pulled nearly $4 billion from U.S. investment-grade bond funds in week ending Dec. 1.

Commentaries

Dennis Gartman Says ‘Bear Market Is Required’ as Stocks Over-Valued

“A bear market is required at this point,” Gartman said on Bloomberg Radio. "...he or she who loses the least amount of money will be the winner.”

  • More Articles

Popular

Washington Wire

Big Short’ Michael Burry Issues Dire Warning On US FED’s $40B T-Bills Buy Plan

Washington Wire

Exclusive-Nasdaq Seeks To Extend Trading Hours, As Wall Street Gears Up For 24/7 Move

Retirement Channel

How Do Your 401(k) Balances Compare To The Average For People In Their 40s And 50s?

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

Companies

End Of ‘The Berkshire Way’? Combs’ Departure Isn’t Only Big Change As Buffett Transition Nears

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