Microsoft Corp MSFT:NASDAQ

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Street Color: American Consumer Returned to Form in October, TD Economics Says

10:49AM ET 11/15/2019 MT Newswires
After a bit of a stumble in September, the American consumer returned to form in October, said TD Economics. A still-robust job market and solid wage gains should continue to underpin spending.

The prospects of some resolution on the trade front could also boost consumer confidence and help to further buoy spending, the firm added.

(Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)