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Written by Carol Schleif, CFA, FSA

Holiday Shoppers: Hopeful Harbinger or Hopelessly Over Their Skis?


“Holiday shoppers spent their wallets, not their psyches.”
– Mark Mathews, chief economist, National Retail Federation


The Through Line: The critical holiday shopping season is in full swing, with consumers on the hunt for bargains. Investors, on the other hand, are busy tracking down themes that can help them peg the trajectory for 2026, reflecting consumption’s predominant role in corporate and economic affairs.

Click to read: Weekly Strategy Perspectives: Holiday Shoppers: Hopeful Harbinger or Hopelessly Over Their Skis?

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Carol Schleif, CFA, FSA

Chief Market Strategist BMO Private Wealth

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