The latest NFIB report indicates that U.S. small businesses are struggling and concerned, showing no significant signs of improvement.

Victoria Fernandez is cautious on the American consumer due to stagnating wages and a widening gap between real wage growth and real consumption.

The 2-year Treasury yield is currently over 50 basis points above the low end of the Fed funds rate.

Victoria Fernandez of Cross Global Investments believes the stock market can continue to rise even with higher interest rates, as long as corporate earnings and margins remain strong.

The annualized rate of supercore CPI inflation over the last three months is 5.5%.

According to Victoria Fernandez, U.S. consumer confidence remains very low, having fallen below levels seen during the COVID-19 pandemic.

Victoria Fernandez identifies NVIDIA, Fortinet, and Adobe as technology companies with high earnings yields and strong profitability.