The Main Street vs. Wall Street debate is heating up again. Consumer confidence is falling to record lows, while stocks are rising to record highs.
The MoneyShow Chart of the Day shows consumer sentiment is down more than 32% since the start of 2025, while the S&P 500 is up more than 21%.
But when it comes to investing, you can’t "trade" sentiment directly.
Earnings growth is the most important driver of stock prices. If it comes in strong - which it is these days - it can outweigh sliding sentiment.
Alistair Berg/DigitalVision via Getty Images
By Mike Larson
The Main Street vs. Wall Street debate is heating up... again... and it’s easy to see why. Consumer confidence is falling to record lows, while stocks are rising to record highs. But keep something in mind before