Market is capping off a downbeat week for the major averages led lower by tech which we'll talk about in a minute. Joining us this morning, David Kelly, chief global strategist over at JP Morgan Asset Management, can help us kind of digest the week and this uh Yumish print. David, I mean, we were just talking about how uh the stock market at record highs is not getting reflected in overall sentiment.No, >> absolutely. I mean, we've got we've got submarine sentiment. Uh we've got a sort of a tortoise-like ec ...

US consumer sentiment fell to a more than three-year low as the government shutdown weighed on the economic outlook and high prices soured views about personal finances https://t.co/OjXd8kF70z ...

Take a look at Treasury yields right now. Look at the 10-year. Look at the 10-year. 4.1%, the 2-year, 3.6%.People are not totally rattled. Uh, joining us right now, uh, Kelsey Burrow, fixed income portfolio manager at JP Morgan Asset Management. Are you surprised, by the way, that the bond market has not been more rattled by just everything.>> I'm not too surprised. You know, I think that we I there's been a fair bit of data even though there's been a lack of official data with the government shut down. Um ...

Joining us now with more on the market, Stephen Parker, JP Morgan uh private bank, co-head of global uh investment strategy. I I'll I guess I'll start with in a similar vein to with with Katie Stockton. She's um obviously looks at at technicals.You're more fundamentals. There's probably no one that that doesn't or hasn't heard that the market is fully valued. I think even uh Jay Powell intimated as much the other day also said that that doesn't necessarily mean that the market's ready to go down either beca ...

Consumer Sentiment Analysis - The report analyzes consumer sentiment broken down by income levels [1] - The analysis likely focuses on understanding how different income groups perceive the current economic climate and their spending habits [1] Potential Implications - The findings could be valuable for businesses in tailoring their products and marketing strategies to specific income segments [1] - Investors may use the data to identify potential investment opportunities based on consumer behavior trends across different income brackets [1]

Consumer Sentiment - US consumer sentiment reached a five-month high in July [1] - The rise in sentiment is attributed to optimism about current conditions [1] - A stock-market rally contributed to the positive sentiment [1] Inflation Expectations - Inflation expectations eased [1]

Consumer Behavior - Unexpected consumer softness observed around May, coinciding with consumer sentiment dropping to an annual low [1] - Consumer sentiment trends often align with business performance [1] - An acceleration in business is being seen [1] Marketing Initiatives - Summer campaign around "summer of extras" and digital initiatives are driving business [1] - The launch of the new adobo ranch dip in early June is contributing to increased transactions and uplift [1] Business Impact - The unexpected consumer softness in May led to a reevaluation of the year's projections [1]

The University of Michigan said that its consumer sentiment index rose slightly to 61.8 in preliminary July numbers, from 60.7 in June. That was in line with the expectations of economists polled by The Wall Street Journal. https://t.co/D0zsOXkVv9 ...

US consumer sentiment rose to a five-month high in early July as expectations about the economy and inflation continued to improve https://t.co/Rm3nHOasJr ...

Market Sentiment - Consumer sentiment has tanked since Donald Trump returned to power [1] - Share prices have experienced turbulence [1] Economic Indicators - Other measures of the economy have remained strong [1]