Earnings season is kicking off here in the US, but before I start reviewing some of the major earnings results, I want to discuss a bit of anecdotal evidence...

Jay Soloff

Argonath Financial

Earnings season is kicking off here in the US, but before I start reviewing some of the major earnings results, I want to discuss a bit of anecdotal evidence of the economic recovery. This past week, I was able to take a road trip to San Diego, California to visit the beach with my family. It's the summer travel season, which would normally imply lots of drivers, full hotels, and crowded beaches - and that's exactly what I saw. Despite somewhat higher gas prices and a tepid economic recovery, it looks to me like Americans are spending plenty of money on travel. San Diego beaches are a top destination spot in the US and I saw no evidence of cautionary spending. The hotels, restaurants, shops, and beaches were all packed full of visitors. It's anecdotal, but from my perspective, Americans look ready to spend.


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Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

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