Economic: U.S. – Consumer Credit
Consumer credit is as old as human history but, Adam Smith (1723-1790) mostly dismissed the idea because he never thought it would be popular. Benjamin Franklin observed in Poor Richard’s Almanack that staying out of debt was desirable but, not always practiced, “the People heard it and approved the Doctrine, and immediately practiced the contrary”. Most early economists never believed consumer credit would have a major impact on global economies.
Stock Consideration Change Report – U.S.
Ciena moves to BUY consideration while SELL WATCH is earned by Quanex Building Products and Wingstop.
Stock Fair Value Report: U.S. : Update
Brown-Forman, Wiley, Landstar, Moog all advance while Quanex drops.
Stock Fair Value Report: U.S. : Update
Delphi Technologies [DLPH] is a MidCap Consumer Discretionary firm involved in automotive power-train and propulsion activities. The company has spun off activities involved in mobility and smart vehicles into a new enterprise called APTIV.
Stock Consideration Change Report – U.S.
hawaiian Holdings and Regeneron Pharmaceuticals are considered BUY and Inter Parfums and Synopsys move to SELL consideration.