ACTV - Brad Simpson On 'Vibecession' And What It's Telling Us About Market Sentiment
2024-04-10 13:00:00 ET
Summary
- The rise of 'vibecession' and what it tells us about market sentiment.
- Why the U.S. economy continues to beat expectations.
- Many investors remain on the sidelines, despite markets at record highs.
Despite signs of a strong U.S. economy and markets at all-time highs, many people appear to be increasingly worried about their financial outlook, a phenomenon known as ‘vibecession.’ Brad Simpson, Chief Wealth Strategist at TD Wealth, discusses the divergence between market performance and investor sentiment.
Transcript
Greg Bonnell - Despite a strong US economy and markets sitting near all-time highs, many investors still have large cash positions. Well, our feature guest today says this divergence, we could call it the 'vibecession'. Let's dig into all this now. Brad Simpson, Chief Wealth Strategist at TD Wealth. Brad, great to have you back on the show....
Brad Simpson On 'Vibecession' And What It's Telling Us About Market Sentiment