Global Data Pod Weekender: We think we can

Current data show a consumer resilient to a powerful set of headwinds but also one that is slowing into the current quarter. Powerful supports are expected to lift spending in 2H22 as inflation pressures fade. China remains a wildcard as next week’s data to show strong 1Q22 GDP but monthly contractions heading into 2Q22. Speakers: Bruce Kasman Joseph Lupton This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.