Get Ready For "Much Larger Swings To The Downside" | Adam Kobeissi
The headline economic data gives a comforting sense the economy is strong.
The media headlines tell us the consumer is "resilient"
But if you ask most Americans, they'll tell you they're struggling.
Last year, a Forbes Advisor survey revealed that nearly 70% of respondents either identified as living paycheck to paycheck (40%) or—even more concerning—reported that their income doesn’t even cover their standard expenses (29%).
So why is there such a big disconnect here?
For context, we're fortunate to talk today with Adam Kobeissi, publisher of the popular capital markets report, The Kobeissi Letter.
While Adam remains guardedly bullish in the near term, he thinks market risks are mounting and that investors need to prepare for "much larger swings to the downside" as the year progresses.
Follow Adam at https://www.thekobeissiletter.com/
Or on Twitter at @kobeissiletter
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#bullmarket #marketcorrection #jobs
You May Also Like

Inversión Dividendos
Carlos García

The Ramsey Show Highlights
Ramsey Network

Automotive News Daily Drive
Automotive News

ANH LONG
SEOTOP1

Growth Notes
Jason Frazier

The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network

Brushwood Media Network
Brushwood Media Network

Optimal Work Daily - Career, Productivity and Entrepreneurship
Optimal Living Daily | Dan W.

Le Podcast de Pauline Laigneau
Pauline Laigneau

Børsmorgen & Økonominyhetene
Finansavisen
Community discussion