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Can consumer spending affect the stock market?
By Data Science Investor  •  November 18, 2020
I came across this article on Seeking Alpha recently which talks about the concept of using consumer spending to better understand the movement of the stock market. If you are a paid subscribed member of Seeking Alpha, you may like to read the linked article in full. In this post, I will be highlighting a few key concepts related to this and provide a concise summary to this concept exploration. The consumer spending accounts for 70% of the US Gross Domestic Product (which in turns describe the economy). Hence, how the US consumer spends seems to be able to have a huge impact on the movement of the stock market ultimately since that is a usually a byproduct of the economy. Is this really the case? Let's find out a bit more as described in the article. There are a few ETFs which describe the consumer spending. In this study, we will be looking...
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By Data Science Investor
This is a site to publish my findings and research which are based on data science to aid you in your decision making process for investments in stocks and property, particularly in the Singapore market.
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