U.S. consumer increasingly essential to equities_ Strategist
#yahoofinance #stockmarket #equities
The Dow Jones Industrial Average (^DJI) is fighting to regain ground after rising above 40,000 during Thursday's session. Out of all the macro headwinds challenging market growth (^IXIC, ^GSPC), is the strength of the US consumer the biggest one?
BCA Research Strategist Roukaya Ibrahim sits down with the Morning Brief to talk about the array of drivers pushing market optimism, including US consumer spending, AI, and commodities.
"It's really... the US consumer that we're concerned about, they're ultimately the driver of the US economy," Roukaya says. "And we think that... the situation isn't going to be a lot grimmer in 12 months from now."
The Dow Jones Industrial Average (^DJI) is fighting to regain ground after rising above 40,000 during Thursday's session. Out of all the macro headwinds challenging market growth (^IXIC, ^GSPC), is the strength of the US consumer the biggest one?
BCA Research Strategist Roukaya Ibrahim sits down with the Morning Brief to talk about the array of drivers pushing market optimism, including US consumer spending, AI, and commodities.
"It's really... the US consumer that we're concerned about, they're ultimately the driver of the US economy," Roukaya says. "And we think that... the situation isn't going to be a lot grimmer in 12 months from now."