Consumer stocks’ earnings may offer clues on US economy’s resilience.

on Apr 15, 2023 09:08:AM

Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for a read on how the U.S. economy is faring amid persistently high inflation and the Federal Reserve’s most aggressive rate hiking cycle since the 1980s. Consumers have largely held strong over the last year even as interest rates raised costs for mortgage […]