First-quarter corporate earnings are beating estimates by 7%: "As 2022 progresses, we will begin to experience an easing in supply-chain disruptions, general inventory rebuilding across many end-use markets, and still a healthy consumer willing to spend."
While economists in a recent Bloomberg survey expected consumer sentiment to dip slightly, from 59.4 in March to 59 in April, the University of Michigan found that sentiment actually increased, to 65.7.
