Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Data released on Friday has showed that US Personal Spending surged in April by 0.9%, above expectations. Wells Fargo’s analysts point out that for the first time since October 2021 income outpaced inflation. Analysts also forecast consumer spending will downshift over the next quarters. Key Quotes: “Personal income rose 0.4% …
Read More »Wells Fargo: US momentum in consumer spending continued into Q2
