Meta Geek

Consultant

[The Kobeissi Letter @KobeissiLetter]

American consumers are becoming increasingly bullish on equities:

The perceived probability among US consumers that US stock prices will be higher 1-year from now increased +2.9 percentage points in June, to 40.9%, the highest since April 2021.

This is also the 3rd-highest reading since the 2020 pandemic recovery.

By age, consumers under 40 are the most optimistic, at 43.1%, the highest since May 2021.

This is followed by the 40-59 and over 59 age groups, both at 40.2%, the highest readings this year.

By income, the perceived probability of higher stock prices rose to 48.3% among those earning over $100,000, the highest since January 2025.

This compares with 38.6% among those earning $50,000-$100,000 and 33.6% among those earning under $50,000, both in-line with the average over the last 2 years.

High-income American consumers are historically bullish.

[Meta Geek @metaverse1987]

@TheProfInvestor And if u say ‘i will buy when it drops 40%‘ it never does 🙃

[Meta Geek @metaverse1987]

@AdamMancini4 just went below 5045 and bounced back above it, does it qualify and failed breakdown