Robertson Stephens Weekly Commentary – December 1, 2025
Economists have long cautioned against using consumer sentiment surveys to forecast consumer spending. Statistically, income growth is the overwhelming determinant of consumer expenditures, with a lesser, but significant, contributory roleConsumer Sentiment vs. Spending: A Holiday Season Disconnect
Economists have long cautioned against using consumer sentiment surveys to forecast consumer spending. Statistically, income growth is the overwhelming determinant of consumer expenditures, with a lesser, but significant, contributory roleMarkets Rebound as Fed Signals December Rate Cut
Executive Summary Last week, the equity market staged a broad rebound, recovering a portion of November’s losses. The rally was sparked by commentary from the Federal Reserve suggesting a December