LikeFolio's Megan Brantley says Visa's (V) spending momentum index flipped above 100 as more cardholders spend more than a year ago, mirroring the stock's 20% rally off April lows. She notes consumers feel worse than they have in 12 years per University of Michigan sentiment, yet actual spending data shows resilience in dining, retail, and travel. She sees no signs of a consumer slowdown into year-end, with even low-income shoppers keeping pace.