S&P 500 up 130 percent over six years as consumer sentiment falls 55 percent
The S&P 500 has increased 130 percent in the past six years while a consumer sentiment index reached its lowest level since 1952. The data show a widening gap between equity market performance and household confidence measures.
citizen.co.zaThe S&P 500 index has risen 130 percent over the last six years. S. consumer sentiment declined 55 percent and reached its lowest reading since the series began in 1952.
@KobeissiLetter reported the two trends side by side and described them as evidence of a widening wealth divide. The report did not provide additional data on income distribution, asset ownership, or regional differences that might explain the divergence between market levels and sentiment readings.
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