Oddbean

Wall St Week Ahead: Health of US consumer in focus as earnings season heats up ========== The health of the US consumer is under scrutiny as earnings season begins; investors are looking for corporate earnings reports and retail sales data to confirm economic resilience; the S&P 500 is on track for its fifth consecutive weekly gain, rising over 21% this year; a strong jobs report earlier this month indicates solid economic growth; earnings from American Express, Netflix, United Airlines, Procter & Gamble, and major banks will provide insights into consumer spending; retail sales data is due on Oct. 17; Goldman Sachs reduced recession odds to 15%; Citigroup Economic Surprise Index turned positive; concerns remain over consumer spending due to layoffs and natural disasters; upcoming earnings from Bank of America and Citigroup will further inform the market. #UsEconomy #ConsumerSpending #EarningsSeason #S&p500 #RetailSales #GoldmanSachs #EconomicData #StockMarket #FinancialNews #InvestorInsights https://www.brecorder.com/news/40326913/wall-st-week-ahead-health-of-us-consumer-in-focus-as-earnings-season-heats-up