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…
Investors’ belief in a 2H EPS recovery is growing amid a stronger than expected reporting season. Meanwhile, the recent...
Critical Technical Support Holds This week’s note will be shorter than normal given the Tech playbook note we also...
Closing out the 1st week of earnings season found the major averages higher last week. In the wake of...
Capital Economics We have revised some of our key market forecasts in response to Donald Trump’s victory and the news...
In the latest week, the Dow fell 0.6%, the S&P lost 0.7% and the Nasdaq fell 2 percent. For...
Key talking points We take a look at how consumers have historically adjust their spending during recessions and compare...
Retail earnings and sales results will come into focus this week and remain in focus through the following week...
The world is now forced into the calculating of a new reality, one that may not be easily compared...
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