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...
‘Fire’ AND ‘ice’ persist in the US…Monetary policy continues to tighten as confirmation emerges that growth is slowing (PMIs...
While Defensives are the clear leader, most investors aren’t there, leaving more upside potential as earnings cuts begin. Counter-trend...
Under a framework of knowns and unknowns, the world is a confusing place right now with the Russian invasion...
The S&P 500 (SPX) flip flopped this week, but spent the last few days hovering around a 40-point range....
Good Sunday morning to all Finom Group subscribers! This week’s research reporting is delivered to subscribers with an emphasis...
“Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t...
You will hear plenty of commentary from Fitbit (FIT) fans and investors regarding the future of Fitbit with a...
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