5 Stocks to Buy as Consumer Sentiment Hits Two-and-Half-Year High

Americans are a lot more upbeat about the economy and its future now as inflation continues to ease and chances of rate cuts become brighter. The latest University of Michigan consumer sentiment survey, released on Jan 19, shows that consumers’ sentiment hit its highest level in more than two and a half years.The preliminary index of consumer sentiment in January came up with a reading of 78.8, surpassing estimates of 69.7. The final reading for December consumer sentiment was 69.7. December’s reading is th ...