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April 15, 2021

Consumer spending

‘We really want exposure to the consumer’ as economy stages powerful recovery, Wells Fargo’s Chris Harvey says

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CNBC – For more and to sign up click here Wells Fargo Securities’ Chris Harvey is building a major part of his strategy on a consumer comeback. From hotels to casinos to restaurants, many of this year’s winning trades will involve spending outside the home, the firm’s head of equity......

Roaring economy will benefit more than just reopening trades, Credit Suisse analyst says

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CNBC – For more and to sign up click here Credit Suisse’s Jonathan Golub is urging investors to get clever with recovery plays. He’s advocating a broad strategy that goes beyond reopening trades such as airlines and hotels. “It could be metals and mining companies. It could be machinery and......

‘Significant long-term scarring’ in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts

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CNBC – For more and to sign up click here Economist Stephen Roach said Monday he believes Wall Street is overestimating a consumer comeback. According to the Yale University senior fellow, demand will snap back like a rubber band later this year as the V-shaped recovery loses momentum. “With vaccines rushing......

Congress is working on new $1,400 stimulus checks. Here’s who could be eligible for the first time

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CNBC – For more and to sign up click here Austin Goergen, a student at Oregon State University, started a petition last year to allow dependents ages 17 and up to qualify for stimulus checks. Austin Goergen Washington lawmakers are one step closer to authorizing new $1,400 stimulus checks for......

Biden says next stimulus checks will be $1,400. How they could be targeted

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CNBC – For more and to sign up click here Image Source | DigitalVision | Getty Images As Washington lawmakers work to come to an agreement on a new coronavirus relief package, one key question has emerged: Will the next stimulus checks be $1,400? President Joe Biden sought to end......

How the average stimulus check could change under Biden vs GOP plans

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CNBC – For more and to sign up click here Signs calling for more relief, a second Paycheck Protection Program and more as part of a campaign by Goldman Sachs supporting small businesses near the U.S. Capitol on Jan. 5, 2021. BRENDAN SMIALOWSKI | AFP | Getty Images Millions of......

$1,400 stimulus checks, $15 per hour federal minimum wage: How soon Americans could see more money

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CNBC – For more and to sign up click here President Biden delivers remarks before signing a “Made in America” Executive Order at the White House on Jan. 25, 2021. Jim Watson | AFP | Getty Images A new $1.9 trillion plan pushed by President Joe Biden includes a host......

While the U.S. may be closer than ever to a $15 federal minimum wage, the idea still faces stiff opposition

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CNBC – For more and to sign up click here Protestors call for McDonald’s Corporation to raise wages to a $15 minimum and allow unionization in Fort Lauderdale, Florida, on May 23, 2019. Joe Raedle / Getty Images With Joe Biden‘s inauguration as president of the United States, the country......

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