Changing consumer behaviors can and often do cause upheaval for entire sectors of the economy. For example, newspapers and bookstores can’t keep their heads above water because of the internet. Similarly, the advent of music downloads has largely made music stores (yes, millennials, those actually existed in large numbers) extinct. Smartphones, of course, eventually caused
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February retail sales rose 0.6% from the previous month, despite higher consumer prices, indicating positive consumer sentiment. In addition, the Federal Reserve signaled plans to cut interest rates three times in 2024, potentially leaving consumers with more disposable income. Plus, the strong job market and rising wages are also supporting consumer spending. Despite these signs,
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The world revolves around money. People use it as a medium of exchange to buy goods and services. Various middlemen make money from financial transactions, and other companies offer resources that can improve your finances. These corporations fit within the fintech umbrella. Stocks in this industry often have millions of customers who use their loans,
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The small-cap space provides some exciting opportunities for robust returns in quick time. Further, some quality small-cap stock rallies are backed by fundamentals and positive business catalysts. This column discusses three small-cap stocks for 100% returns before the end of the year. Like always, I have steered clear of purely speculative ideas. The businesses discussed
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