What Consumer Sentiment Tells Us About The Upcoming Direction of the Stock Market

The University of Michigan's Consumer Sentiment Level is at its lowest point ever and has been trending lower over the past 18 months. What does this tell us about where the stock market is going?

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LINKS: https://data.sca.isr.umich.edu/get-chart.php?y=2022&m=6&n=1ah&d=ylch&f=pdf&k=0c2240b00ab374e0c8acda7ede5d877e90352f8b03b839a0d8535ad7e182fe9f
https://www.investopedia.com/terms/m/mcsi.asp
https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/economic-and-market-update/

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.