Consumer Spending Is Up 20% From 2019 Levels -- Here's How to Invest

Bank of America (NYSE: BAC) CEO Brian Moynihan recently said that consumer spending is 20% higher in June than it was before the COVID-19 pandemic. Pent-up demand is translating into a big jump in spending, and in this Fool Live video clip, recorded on June 14, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss some potential winners. Jason Moser: Bank of America CEO Brian Moynihan has noted that consumer spending is 20% higher this year than 2019.