
NEW DATA SHOWS CONSUMER ANXIETY IS RISING – MOMO CROWD OBLIVIOUS AND BUYING STOCKS
By Nigam Arora & Dr. Natasha Arora 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 (SPY) which represents the benchmark for the stock market index (SPX). 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.






