How consumers are affecting the markets
Equities markets have been influenced by the large-cap technology companies, but that breadth is narrowing. Cyclical sectors, on the other hand, are highlighting how the U.S. economy is at an inflection point, which is heavily influenced by consumers feeling pain points of higher prices, fewer job openings and even affordable housing.
Equities markets have been influenced by the large-cap technology companies, but that breadth is narrowing. Cyclical sectors, on the other hand, are highlighting how the U.S. economy is at an inflection point, which is heavily influenced by consumers feeling pain points of higher prices, fewer job openings and even affordable housing.
10/01/2024