3 Stocks to Pounce on as Consumer Confidence Rises
Consumer confidence has remained range-bound over the past two years, with consumers continuing to worry over inflation and uncertainty about the future. Americans’ personal income increased by $237.6 billion in the second quarter. Thus, the American consumer now has slightly higher expectations for future income growth. Meanwhile, American consumers plan to be more cautious about spending over the next six months. The mixed bag of results suggests that certain stocks should benefit from the surprise readin ...