weekly report

U.S. retail data published this week is projected to jump +5.5% for the month of March, the third highest reading, excluding May 2020 reading of 18.3% due to base effects. Retail spending has been volatile in the last 12 months due to imposed lockdowns but also increased propensity to save as...

Warren Buffett stated ‘Never bet against America’ in his latest annual letter to shareholders. The markets seem to agree with mister Buffett – American economy has rebounded from the recession and is now on an expansionary trajectory again, with a projected growth of 6.5% in 2021. U.S. fourth...