Closed-End Fund Commentaries
May 15, 2017
Click here to access A Healthy US Consumer
News of the consumer’s death has traveled fast.
It’s not hard to find stories of beleaguered and battlewearied consumers. Famed retail giants are slashing revenue and earnings outlooks, creating worries about retail space in general and malls in particular. Auto sales are slowing, auto loan delinquencies are rising, while delinquent student loans create their own paroxysms of fear in analyst minds.