When the stock market reaches record highs while consumer confidence hits a 74-year low, this divergence signals potential economic trouble because consumers typically sense economic changes before official data, and such disagreement between market and consumer sentiment historically precedes economic downturns.
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Why you should be worried about the Stock market?Ajouté :
Two numbers came out last week. Both broke records and only one of them is right.
>> I don't think about American financial situation. I don't think about anybody. The American stock market just hit the highest level in history. At the same time, Americans say they feel worse about money than [music] at any point in 74 years. Both numbers cannot be true. Consumer confidence is at 44.8.
Lower than the financial crisis, which happened in 2008, lower than COVID, and [music] lower than anything ever measured. The consumers always knows [music] first. They feel rising prices before official data catches them. They stop spending before company earnings shows them in their earnings. Now, when the consumer and the market disagrees this badly, history is brutal. Clear.
The buy signal for the smart money is investing gold. And at the same time, the smart money is not investing in long terms for consumer led stocks or anything in the stock market. We covered this on a daily basis in our research.
Type warning in the comments [music] and we'll DM the link.
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