Economy
Stock Market Soars as Consumer Mood Sinks: Not a Paradox
The S&P 500 hits all-time highs while consumer sentiment plummets. This apparent contradiction is explained by equity ownership disparity and market-cap weighting.
The S&P 500 hits all-time highs while consumer sentiment plummets. This apparent contradiction is explained by equity ownership disparity and market-cap weighting.
The dollar index declined on Friday, pressured by softer-than-expected US inflation and consumer sentiment data, alongside anticipation of US-Iran peace talks.