Sam McElroy: Consumer Confidence numbers are healthy, but pumps the “good vibe” breaks a little


Sam McElroy, co-founder of “@Financial and @Financial Investments”, discusses with Kurt Schemers and Don McKelvey on Traders Nation® how Consumer Confidence spiked as Labor Market Sentiment approaches a record high. Jobs numbers are looking good and economic figures such as GDP were higher than the forecast. Discover what is driving these numbers and sentiment in the market and is there enough steam to keep this trend marching along.

McElroy pumps the brakes a little on a “good vibe” sense with a healthy approach of skepticism as businesses are reorganizing their infrastructure, and in some instances, entire divisions are being dismantled. Get all the details as McElroy outlines his cautionary counter-argument for an economic outlook.