Spending Momentum Is Likely To Fade In The Coming Months & More Headwinds

Possible headwinds include a government shutdown, the UAW strike, and the resumption of student loan payments, notes Kayla Bruun. She discusses how stocks are lower to begin the week. She mentions how spending momentum is likely to fade in the coming months, and the labor market remains a real bright spot for the economy. She looks at how economic weakness in China and Europe could add to U.S. headwinds. She forecasts the Fed’s next move, as well as the state of the U.S. consumer. She questions if the U.S. economy can continue to fend off headwinds. Tune in to find out more about the stock market today.

Trading 360

25 Sep 2023

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