4 Retail Stocks to Play the Surge in Consumer Sentiment
American Eagle Outfitters(AEO) Zacks Investment Research·2024-01-22 16:36
In a promising turn of events, January has seen a remarkable surge in U.S. consumer sentiment, reaching its highest level in two and a half years. The University of Michigan's recent report indicates an upswing in optimism. This surge in sentiment comes hand in hand with a decline in inflation expectations, signaling a potential shift in the economic landscape.The University of Michigan's preliminary reading on the overall index of consumer sentiment for January stands at an impressive 78.8, the highest sin ...