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Brian Sozzi
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Biography CEO & Chief Equities Strategist of Belus Capital Advisors. In this capacity, responsible for researching and developing an equities portfolio of mid and large-cap positions for clients, in addition to leading the firm’s digital content and broader research initiatives. Belus... More
My company:
Wall Street Strategies Inc.
  • Consumer Pysche Remains Fragile 0 comments
    Sep 17, 2010 12:17 PM | about stocks: WMT
    The erosion in the psyche of the consumer is on full display within the Conference Board’s confidence measure, which has declined by 52% since peaking in July 2007. While much is made about consumers having repaired balance sheets which hold the cash to be unleashed at the malls, there is a reason the savings rate has ranged between 5% and 8.2% going on two years. The reason, a lack of confidence in present situations and the future. 

    Disclosure: No shares owned
    Stocks: WMT
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