US Market Sentiment (June 06, 2022)
Sentiment: Extreme Cautious
US consumers are being forced to pay more for basic needs -- food & gas (blue line)
As a result, they are saving their cash (red line) & not investing (white & yellow lines) in preparation of the uncertainty that lies ahead.
**
Blue Line -
WTI
Red Line -
USDJPY
White Line -
SPX
Yellow Line -
GOLD
**
US consumers are being forced to pay more for basic needs -- food & gas (blue line)
As a result, they are saving their cash (red line) & not investing (white & yellow lines) in preparation of the uncertainty that lies ahead.
**
Blue Line -
WTIRed Line -
USDJPYWhite Line -
SPXYellow Line -
GOLD**
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