Our model of consumer spending, which accounts for a broad set of fundamental economic and financial drivers of consumption, provides many reasons to expect solid consumption growth through 2020. The increase in stock prices should boost consumption via wealth effects, lower interest rates should boost demand for durable goods, and lower oil prices have provided a small boost to real income. Most importantly, we expect disposable income growth to remain solid as a further pickup in wage growth offsets a modest slowdown in job growth.
Our easy to access articles, news and reports offer information that may prove to generate strong trade ideas and capital returns for your portfolio.
Finomgroup.com has many additional features to suit your daily trading and investing needs including single ticker stochastics, charts and daily ticker price quotes. Additionally, finomgroup.com has all your U.S. economic data of the week found using the Economic Data tab. As Seth like’s to say, “A good volatility trader is a good economist.”