10-30-24 Why No One is Willing to Buy or Sell
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Description
The Conference Board's latest Consumer Confidence Survey shows an increase in consumer confidence, a nice bounce from the recent downtrend; both present and future expectation metrics increased. The overall survey remains low, but surprisingly, consumer confidence in stock prices over the next year is at an all-time high. Accordingly, markets continue to hold on around the 20-DMA. No one is really willing to buy or sell right now. In International Markets, not a lot going on, either. Emerging markets have been selling off after a nice rally. These have been a drag on diversified portfolios. The Dollar continues to strengthen; the US is now roughly 63% of Global Market Cap. Relative to the rest of the world, the US Economy is still growing. Investors seem to be in a wait-and-see mode until after next week's elections.   Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=Sh_WPCQ11qk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #ConferenceBoard #ConsumerConfidenceSurvey #FutureExpectations #StockPriceExpectations #2024Election #SellSignals #MarketCorrection #MarketConsolidation #2024Election #MarketRisk #Winners #Tariffs #MarketPullBack #RisingWedgePattern #BondYields #BondPrices #MarketRecords #AllTimeHighs #MarketBullishness #Negativity #HigherHighs #UpwardTrendline #InterestRates #BullMarketRisk #SeasonalBuySignal #CPI #CPITrigger #Inflation #MACD #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #InvestingThesis #Money #Investing
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