“If earnings are more upbeat than expected and if management continues to tell a reassuring story about consumer spending, stocks could react favorably — even after a rally to record highs that some investors may view as overextended. At the end of the day, consumers are the backbone of the U.S. economy.”

Bret Kenwell · said date not stated · reported 2025-07-17

Bret Kenwell analyzed how upbeat earnings and strong consumer spending could support further stock gains.