Massive stimulus checks, extreme Fed easing, a strengthening inflationary outlook, rising employment, faster-than-expected vaccine rollout, and the movement out of the cold and flu season in the northern hemisphere are all contributing to rising economic expectations. With those expectations on the rise, the fact of a 20% savings rate is even more remarkable. The amount of buying power that this represents is hard to conceptualize. And, so far, it is adding up to a big boost in demand for...
Luxury Stocks in Focus as Spending Booms (NYSE: SIG) (OTC US: SKDI) (NYSE: TPR)
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