consumer spending

What Do Household Debt Service Payments Say About Optimism Today?

May 05, 2020
  • Courtesy of the Fed, American’s cost of financing their lives has never been lower.
  • We expect this to continue, and in turn - benefit consumption.
  • This expected increase in consumption should benefit equity markets.
  • We believe that this is a good reason to stay positive.

The opinions expressed herein are those of Crawford Investment Counsel and are subject to change without notice. This material is not financial advice or an offer to sell any product. Forward-looking statements cannot be guaranteed. This document may contain certain information that constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “expect,” “will,” “hope,” “forecast,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made by any person that any of Crawford’s assumptions, expectations, objectives, and/or goals will be achieved. Nothing contained in this document may be relied upon as a guarantee, promise, assurance, or representation as to the future. Crawford Investment Counsel is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training.

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Crawford Economic Outlook

Q1 2021

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