by Sasha Cekerevac, Investment Contrarians:
With the S&P 500 at all-time highs, market sentiment clearly is in the bullish camp; this must mean that all of our problems are solved and the future is bright for everyone—
Hold on a minute: if this were true, why would consumer confidence regarding the future decrease?
The Conference Board just released its Consumer Confidence Index, which reports favorable current conditions by respondents. I think we can all agree that the current economy is better than the conditions we’ve experienced over the past few years.
Please follow SGT Report on Twitter & help share the message.