Tag - resilient economy

Sheaff Brock investment advisors blog, retail consumers

Consumers are Driving a Resilient Economy

The US economy continues to be very resilient. Pundits have been predicting a recession for a while, and many still are predicting one. A major reason for resilience has been the relative strength of the consumer. Employment levels have remained very strong with the unemployment rate at 3.8%. The September...

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Sheaff Brock investment advisors blog, birds-eye-view of NYC

An Increasingly Positive Outlook from Wall Street

The U.S. economy and consumers have been a lot more resilient in 2023 than many expected. Entering the year, most economists predicted a recession due to the high inflation rate and the aggressive interest rate increases from the Federal Reserve. Flash forward to mid-August, and inflation has been declining for...

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