6.7% Drop in Consumer Confidence Tells Two Different Stories Across the K-Shaped Economy as Kenny Polcari...

A 6.7% drop in consumer confidence tells two very different stories depending on which side of the K-shaped economy you're on: comfortable for high earners, brutal for everyone else.
Meanwhile, rising yields and mortgage rates above 7% have Kenny Polcari predicting housing prices are due for a real reset.