Is the Entire Economy Gentrifying?
Would you be willing to pay more for a fancier donut or an exclusive theme park ticket? “Premiumization,” the practice…
05.03.2023
Michael R. Comstock
After a strong March, financial markets were mixed in April. U.S. markets were up by low single digits, bond markets showed small gains, but emerging markets pulled back. Concerns around inflation and the banking crisis lingered, contributing to the uncertainty about the Fed’s next move. Still, job growth remained at a healthy level, consumer confidence was up, and earnings data beat expectations. Is a recession still on the horizon? Stay tuned to find out.
