cover of episode The Strength In The Consumer… And Election Proxy Trades 10/28/24

The Strength In The Consumer… And Election Proxy Trades 10/28/24

2024/10/28
logo of podcast CNBC's "Fast Money"

CNBC's "Fast Money"

Chapters

Retail and airline stocks show strength, suggesting consumer resilience. Despite inflationary pressures, spending may remain robust through year-end.
  • Retail, airline, and luxury stocks are up.
  • Delta Airlines breaks through resistance levels.
  • Walmart's e-commerce growth is accelerating.
  • Consumers are feeling relief due to decreasing Thanksgiving dinner prices.
  • Cumulative inflation impacts remain a concern, especially for low-income consumers.

Shownotes Transcript

Retail, airlines, and more consumer-facing spaces already feeling the holiday spirit. How the gains in these spaces could point to a resilient consumer heading into year end. Plus A little over 1 week to go until Election Day, and some stocks are on the move. Where investors are piling into ahead of the big decision.

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