To gain an edge, this is what you need to know now.

Consumer Anxiety Rising

Please click here for a chart of  S&P 500 ETF () which represents the benchmark for the stock market index ().

Note the following:

  • The U. S. economy is 70% consumer-based. Therefore we pay a lot of attention to the consumers.
  • This earnings season, the earnings of consumer-oriented companies have been blockbuster.  The reason is that the consumer has been confident and spending as they have never spent before.
  • Now consumer anxiety is rising and the consumer is losing confidence.