On Consumer Strength & Bitcoin Weakness

Consumer spending has remained resilient in the face of higher gas prices and inflation generally, thanks much to a resilient job market. Jackie recaps recent employment data and discusses Q1 consumer behavior as described by the top brass of three retailers serving different customer niches. … In our Disruptive Technologies segment, a look at the sagging value of bitcoin and sagging investor confidence in Strategy, a small company that’s a play on the cryptocurrency. Investors were shaken by the company’s recent bitcoin asset sales and wonder about an encore.