The Committed Consumer – by Justin Vaughn
(Justin Vaughn, Editor, Options Trading Report) The University of Michigan released its ‘Consumer Sentiment Index numbers for July, showing the highest levels since September 2021, on Monday, boosting investors and traders’ confidences. July’s 72.6 number bested the forecast of 65.5 by market gurus. The U.S. consumers are catching up to previous pre-pandemic levels, projecting little concern over rising retail prices. Car buying, new and used, travel of all sorts, major household items and dining out … Read more…