Purchasing Power

(1) American consumers on dopamine. (2) Investors shopping for shoppers. (3) Few bargains left among Consumer Discretionary stocks. (4) Real wages and salaries and inflation-adjusted retail sales at new highs. (5) Rent inflation is a problem, but only for renters. (6) Did Obamacare boost health care spending at the expense of sales of other goods and services? (7) Out-of-pocket costs hard to measure. (8) Texans aren’t as depressed as they should be. (9) Jobless claims jump in Texas.