#USConsumerConfidence Consumer confidence is an important economic indicator that can influence the investment market. Consumer confidence refers to the perception that consumers have about the current economy and their personal financial situation.
The higher the consumer confidence, the more they want to spend money, which contributes to the economic growth of the market and positively influences the stock market.
But if confidence is low, consumers may cut back on their spending, which negatively affects the market.
However, the decision is always ours; the indicators are just statistics that help map market movements, as we, as creatures of habit, react significantly in the same way to these events.