The Balance Between High Investor Confidence and Shaky Markets
Cory
April 4, 2018
Today I am joined by Anthony Saccaro, President of Providence Financial to discuss the balance between the record high level of consumer confidence and the volatility in the US markets. It just goes to show that consumers are typically late to the party and emotional when investing. They are usually a great contrary indicator but not a great timing tool.
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Discussion
2 Comments
Apr 04, 2018 04:02 AM
Apr 04, 2018 04:40 PM
Great quote.
Saw this quote this morning and thought it worth posting: “Risks, both implied and explicit, are large and growing but investors seem mostly unaware despite the early warning signal… it’s like living next to the city dump, if you’re there long enough, you eventually stop noticing the smell.”