Consumer sentiment is currently negative and declining, which conflicts with the observed trend of households increasing their financial exposure to the stock market.

“Consumer sentiment is absolute trash and declining, but household allocations to stocks are skyrocketing.”

The current state of consumer sentiment is at its worst level in decades, reflecting widespread public dissatisfaction with the economy.

“The American public's sentiment toward the economy is absolutely tanking. They are not happy with continuing inflation, the fact that it's just harder to make a dollar stretch”