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0.00065019505851758 0.00065019505851758 0.00368443866493285 0.00346770697876037 0.00856090160381454 0.00617685305591685 0.011270047680971 0.0165799739921977
Stock impact report

5 Solid Stocks to Buy on a Steady Rise in Consumer Sentiment [Yahoo! Finance]

Cimpress plc - Ordinary Shares (CMPR) 
Last cimpress plc - ordinary shares earnings: 10/30 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cimpress.com
Company Research Source: Yahoo! Finance
Inflation rose in January and the Federal Reserve indicated that a rate cut in March is unlikely, which has left investors somewhat concerned. However, consumer sentiment is still high as Americans now believe that the economy is still on solid ground and will have a softer landing than expected earlier as inflation has declined sharply over the past year. The University of Michigan's preliminary index of consumer sentiment came up with a reading of 79.6 in February, up from January's final reading of 79. The survey's gauge of one-year inflation expectations came in at 3% in February after falling to 2.9% in January. Although inflation increased marginally in January, denting investors' confidence, the overall sentiment remains upbeat as other economic data remain positive. The U.S. GDP grew 3.3% in the final quarter of 2023. Also, retail sales fell 0.8% in January, which has raised optimism that the Federal Reserve will ultimately go for a rate cut in May, if not March. Mar Show less Read more
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