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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

Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

Veteran analyst Tom Lee has a reputation for calling turning points long before the rest of Wall Street catches on.

Oil Prices Fall To 4-Year Low Below $55 As Supply Glut Shows Up

Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum.

Fed's Bostic: No Rate Cuts Next Year

Atlanta Fed president Raphael Bostic did not support cutting rates last week and does not see a case to cut rates next year unless inflation drops.

Recent

News

Why Pimco says stock-market investors can’t bank on ‘decent’ returns despite an aggressive Fed

Investors should curb expectations for returns over the next 3 to 5 years, says Pimco.

News

Think your nest egg is safe sitting in cash? Think again — billionaire investor explains where some of that money should go instead

Ray Dalio, founder of the massive Bridgewater Associates investment firm, has been railing against cash all year long.

News

Forget the election, the great COVID-19 stock market divide is all that matters now, says this strategist

What matters now is the “creative destruction” of markets that has taken place due to the pandemic, dividing stocks into winners and losers.

Annuities Channel

What Is An Index Annuity?

An index annuity is an annuity whose rate of return is based on a market index, such as the S&P 500 or the Nasdaq 100.

  • More Articles

Popular

The Trust Advisor

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

Washington Wire

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

Retirement Channel

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

Washington Wire

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

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

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