Perhaps the biggest question facing investors right now is whether consumer spending will follow the deteriorating trend in the industrial economy that has spread from China to Germany and the U.S. in recent quarters.
For now, the pessimism of stock analysts clashes with the willingness of American consumers to keep boosting corporate profits.
The health of the consumer and their appetite for goods is a lagging indicator this late into a market expansion. Debt loads are at record levels.
Credit card debt at its highest since 2008...more like people don’t learn from their past!
the american consumer will not save this country from Trump's policies... how are farmer consumers doing? they are spending money the government is giving them .... mini stimulus for farmers only to screw with economic figures. Heey how about the 500000 job revision down?
The analysts cashed out, now they’re sitting on a mountain of cash earning less than inflation, waiting for the drop so they can reinvest.
A recession is just around the corner and consumers are the last ones who will about it when they loose their job. Thank you!
As long as the American consumer keeps getting those new credit cards to roll over their debt . . .