Afternoon Note
Consumer Confidence Dips Again
By Charles Payne, CEO & Principal Analyst
11/29/2022 1:35 PM
This morning Consumer Confidence took another dip, and it might have been the reason for the early rally attempt. The more pessimistic consumers become, the more likely the Fed will put away its mallet. But they are still going to be hammering away for the near future.
Energy and Real Estate are gaining more than 0.5%. Apple (AAPL) keeps weighing on Technology, making it the worst performer this afternoon.
Apple continues to struggle, down 2%, on reports of a large shortfall in Apple iPhone shipments.
The focus continues to be the Fed and the jobs report this week.
| Comments |
| We love your show and this newsletter. And big compliments to your tailor, the others on Fox should use them, too! Your suits are so handsome! Diane on 11/29/2022 2:29:02 PM |
| We don't need to stop trade with adverse countries, however we can curtail investing those countries that are seeking to dominate us. Michael Rouse on 12/1/2022 12:20:46 PM |
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