🧠 Historically, market tops happen when optimism peaks — not when consumers feel miserable.
Today, the U.S. Consumer Confidence Index sits at just 51, near recessionary levels.
Hard to call this a “market top” when sentiment is this low.
#SPX #Macro #MarketCycle #Investing
Today, the U.S. Consumer Confidence Index sits at just 51, near recessionary levels.
Hard to call this a “market top” when sentiment is this low.
#SPX #Macro #MarketCycle #Investing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.