US economy doing better than rocky Wall Street

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US economy doing better than rocky Wall Street
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The challenge for the Fed is that the economy is going a little too well, meaning more volatility ahead for stocks as investors try and decipher its inflation fighting playbook.

I spent the past several weeks in the United States attending corporate site tours and investment conferences.

as Europe as opposed to domestic travel, leaving places such as Napa Valley somewhat quieter on the tourist side. JPMorgan, an American multinational investment bank which serves over 58 million American households, believes that there is about a 12 month delay before we see this trend feed into the other consumer tiers.On the positive side, this means we will likely continue to see a good level of spending for the next 12 months.

To cope with the unprecedented staff shortages, hotels have cut occupancies but increased prices to ensure continued profits. Additionally, some hotel services have also been cut, which I witnessed in several five-star hotels where in-room dining is no longer an option.

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