The American Consumer Keeps Beating Expectations

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The American Consumer Keeps Beating Expectations
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Heard on the Street: The pessimism of stock analysts clashes with the willingness of American consumers to keep boosting corporate profits

Perhaps the biggest question facing investors right now is whether consumer spending will follow the deteriorating trend in the industrial economy that has spread from China to Germany and the U.S. in recent quarters.

For now, the pessimism of stock analysts clashes with the willingness of American consumers to keep boosting corporate profits.

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