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Good evening everyone.

Read it and weap!

https://www.bloomberg.com/news/articles/2018-10-30/u-s-consumer-confidence-index-rose-to-18-year-high-this-month?srnd=markets-vp

And the quote speaks for itself:

“consumers do not foresee the economy losing steam anytime soon. Rather, they expect the strong pace of growth to carry over into early 2019.”

Since when were consumers right about a single damn thing?

That would be NEVER.

So the consumer is the most confident in 18 years.

Well what happened 18 years ago? that would be the Dot com crash I believe.

And not a word about the danger, or warning bells going off in the media.

Just all round laughter and shouts of 'BUY THE DIP'.

I can only shake my head and smile, because today was just another screaming sell signal and no-one can see it!

Down to business!

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