"Business sentiment is almost at the highest level it's ever been, consumer sentiment is...

Discussion in 'Wall St. News' started by Altavest_Erik, Aug 6, 2018.

  1. Altavest_Erik

    Altavest_Erik Sponsor

    "Business sentiment is almost at the highest level it's ever been, consumer sentiment is at its highest levels, markets are wide open, housing's in short supply and my guess is mortgage credit will expand a little bit," Dimon said at the time. "If you look at how the table's set, consumers are in very good shape."

    "So," he concluded. "It looks pretty good."

    https://www.cnbc.com/2018/08/06/jp-...year-treasury-note-rate-to-hit-5-percent.html
     
  2. When everyone including your friendly "neighborhood" banker think things are great the top can't be far away. LOL
     
  3. dozu888

    dozu888

    this kind of statement is useless.... how do you quantify 'everyone' ?
     
  4. Arnie

    Arnie

    Well SunTrader has a good point. Markets top out on good news.