问答：美国消费者现状-Back to school issue_ US consumer state of play

Accessible version FAQs Back to school issue: US consumer state of play Q: Does Jackson Hole matter for US consumer stocks? A: Not as much as employment trends. US consumers tend to spend (and may even borrow to do so) until they lose their income source. This partially explains US consumer resilience since COVID – the labor market has remained tight despite rampant inflation, tight monetary policy and waning confidence. A neutral to easy Fed is better for consumer stocks. But these sectors are among the mo ...