Key takeaways Bank of America internal data suggests consumer spending was broadly stable in May, with Bank of America total card spending per household up 0.1% month-over-month (MoM), seasonally adjusted. The year-over-year (YoY) growth rate remains negative at -0.2% YoY. Bank of America data shows older generations’ spending growth is outstripping that of younger generations. Older households benefited from the…
If you are not willing to risk the unusual, you will have to settle for the ordinary! Everyone must...
After a 1-point move in the S&P 500 (SPX) Monday, things got a bit more interesting through the remainder...
Investors are hopeful that April proves a better month for equities than did March and after closing out a...
Macro Strategy—European Equity Risks Increase, Caution Still Warranted: Last month’s European Union (EU) parliamentary elections have marked a turning...
“Bear market rallies are labeled because things get so badly discounted they foster the idea that it has to...
Heading into 2016, I had positioned my portfolio for greater gains by increasing my exposure to volatility or VIX leveraged ETFs....
“The most important financial lessons aren’t learned slowly during bull markets. They are seared into your brain in bear...
Cross-Asset Strategy: As we indicated in a previous report, a combination of a strong recovery in demand, easy policy,...
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