In May, U.S. Consumer Confidence consolidated near lows confirming its political bias: what are the impacts for investment choices?
Since after the pandemic, the survey’s predictive value of consumers’ actual spending behavior has greatly declined due to lower survey participation, more pronounced political affiliation, and greater social inequality.
We are a private Bank focused on Private Banking. Based in Milan, we have been in the business for more than 100 years. We are part of an international group specialising in Wealth Management that includes the Switzerland-based PKB Private Bank SA as well as other Entities providing Asset Management and fiduciary services. This allows us to offer solutions typical of a broader financial network.
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