
Market Insight: Data and earnings show it’s all about the consumer | REUTERS
Data and earnings show the US economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending, and a key measure of inflation ticked down. Jack Janasiewicz, Lead Portfolio Strategist at Natixis Investment Managers, discusses what the numbers mean, on a day where retail earnings reports also paint a mixed picture of the US consumer.
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