Скачать или смотреть Stock Market Today: The stock market will sell off on incoming economic data

The stock market today may be calming. But, on Wednesday we get retail sales. The data point is likely to show the US consumer is seizing up amidst the economic fallout from tariffs, and the lack of confidence in policies.
So, while the stock market today is higher, this will be short lived.

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On Friday, we get consumer confidence. That indicator showed that the US consumer is near the all-time low. Because of this, that will translate into reduced retail consumption. That number shows up on Wednesday.
In this video, I break down the correlation between the consumer confidence and retail sales, as well as overall consumer expenditures. The economy will continually contract in the face of policies that are designed to raise revenues via taxes on consumption. Consumption, on a whole, will continually move lower. This will translate into reduced selling in the stock market as companies lower future guidance on revenues and profits.