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7-25-24 How Your Confidence Can Boost Or Break The Economy
The S&P Global Services Index is "great," in contradiction to other eocnomic metrics; the first estimate of Q2 GDP is released today (up 2.8%); this will be revised. Important to note the behavior of GDP prior to past recessions, which are always back-dated. 350-days without a 2% correction, until Wednesday. Bill Dudley is calling for lower interest rates now; Lance Roberts & Michael Lebowitz explain the crucial link between consumer confidence and economic performance. Learn how sentiment drives markets and impacts your personal finances: The relationship between financial confidence and…
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