Our CIO dropping some great information on inflation, consumer confidence, and international travel 🛫... 👀 Might you be planning an international trip this year? Read more below! #investments #consumerconfidence #traveling #bucketlist
Despite economic uncertainties, the average American's brokerage account is looking healthier than ever. Median account sizes have seen a significant uptick, reflecting growing wealth and financial stability for many.✈️🌎 And it seems we're eager to put that money to good use! There's a surge in enthusiasm for international travel, with many Americans gearing up for overseas adventures. The appetite for unique, transformative experiences abroad is stronger than ever. However, it's not all smooth sailing: -Inflation remains a concern, with the CPI advancing 2.9% in the 12 months through December 2024. -Consumer sentiment is still below pre-pandemic levels, with about 50% of consumers reporting mixed feelings or pessimism about the economy. Yet, despite these headwinds, the demand for travel remains robust. It seems that after years of restrictions, the desire to explore the world is outweighing economic concerns for many. What's your take? Are you planning an international trip this year? How are you balancing financial prudence with your travel aspirations? Share your thoughts below! 👇#TravelTrends2025 #ConsumerConfidence #InvestmentGrowth #GlobalExplorer
