The Lower Income Consumer Has Felt Inflation The Most Says Suzuki
The best quarter in six years for stocks is ending on a positive note, with chipmakers extending their surge from war-driven lows and signs of economic resilience fueling optimism about corporate earnings. A rally that’s added over $8 trillion to the S&P 500’s value in three months powered ahead as data signaled strength in both jobs and consumer sentiment. Dan Suzuki, Global Investment Strategist at iCapital joins Bloomberg Businessweek Daily to discuss. (Source: Bloomberg)
