πŸ“ˆ TKer by Sam Ro

πŸ“ˆ TKer by Sam Ro

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πŸ“ˆ TKer by Sam Ro
πŸ“ˆ TKer by Sam Ro
As some consumer tailwinds fade, new ones emerge πŸ’¨
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As some consumer tailwinds fade, new ones emerge πŸ’¨

Plus a charted review of the macro crosscurrents πŸ”€

Jul 30, 2023
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πŸ“ˆ TKer by Sam Ro
πŸ“ˆ TKer by Sam Ro
As some consumer tailwinds fade, new ones emerge πŸ’¨
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Personal spending continues to rise to new record levels. (Source: BEA via FRED)

Stocks climbed last week with the S&P 500 rising 1.0% to close at 4,582.23. The index is now up 19.3% year to date, up 28.1% from its October 12 closing low of 3,577.03, and down 4.5% from its January 3, 2022 record closing high of 4,796.56.

The market rallied as we were remi…

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