The post This Indicator Just Did Something It Hasn’t Done in 75 Years. Is It the Biggest Risk to the Bull Market Before Midterms? appeared first on 24/7 Wall St..
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The S&P 500 hit all-time highs and employers added 115,000 jobs in April, but the University of Michigan’s preliminary May consumer sentiment index fell to 48.2, the lowest level in the survey’s 75-year history dating back to 1952, revealing a stark disconnect between Wall…