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State of the Consumer Part II


State of the Consumer Part II

Last March we put out a Market Update on the State of the Consumer. At that time, the consumer was in relatively good financial shape, and we did not have concerns about a drop in consumer spending. Things have changed since that time. Today the banks are more cautious with their lending and are charging much higher interest rates to compensate for anticipated future losses. Watch our market update to learn more.

Written by

James E. Gore, CFA®, CAIA, CMT®

Jim serves as the Chief Investment Officer of THOR, is a Chartered Financial Analyst charter-holder, a Chartered Alternative Investment Analyst, a Chartered Market Technician, a member of the Association for Investment Management and Research and a member of the Cincinnati Society of Financial Analysts.

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