ACTV - Why The U.S. Economy Remains Strong But Economic Sentiment Is Not
2024-05-14 08:15:00 ET
Summary
- Why market performance and sentiment are diverging.
- The growing gap between hard economic data and soft data.
- Why you may be losing money if you're not in the markets.
The U.S. economy continues to show its resilience, but that strong performance isn't as evident when looking at economic surveys. Brad Simpson, Chief Wealth Strategist at TD Wealth, looks at what he sees as the difference between evidence-based reason and irrational intuition.
Transcript
Kim Parlee - According to my next guest, when it comes to capturing the spirit of financial markets right now, they can be best described as a tale of two cities, that is, the duality between how the markets and the economy are performing versus how people actually feel....
Why The U.S. Economy Remains Strong, But Economic Sentiment Is Not