As goes the consumer, so goes the market.
Consumer confidence is a key engine of the U.S. economy, given how heavily we rely on consumer spending. When confidence wavers, spending drops, creating the potential for a domino effect of shrinking business revenues, job losses, and a broader economic slowdown.
That’s why downward trends like we’re seeing can trigger market volatility, presenting challenges for businesses and investors.
If low confidence persists, corporate earnings and investor sentiment suffer, potentially depressing stock market performance and escalating economic uncertainty.
#EyeonVolatility
