Hispanic households represent 13% of discretionary
spending in the U.S. Brands ignore this large, young—and
heterogeneous—demographic at their own peril
https://t.co/BytCqksH96
#Hispanic
One of the biggest reasons for ethnic food’s long-lasting popularity is the global mindset of millennial and Gen Z diners, who are now a core demographic for restaurants.#foodtrends#GenZ#Millennials
https://t.co/q80E6UKYHL
Only 16% of Nasdaq stocks are trading above their 200-day MA. Getting close to levels of prior market bottoms (2002, 2009, 2018, 2020). Still won't call it, but if you like watching these indicators, here we are 👀
If CPI print tomorrow is <8.5%, the peak inflation narrative may spur the next bear mkt rally much like "A 75 basis point increase is not something that the (Fed) committee is actively considering," did on 5/4. But we believe the ultimate low & a recession is still ahead.