The biggest hidden danger in the US stock market: Economic data begins to weaken

Wallstreetcn
2025.06.28 00:46
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Record high U.S. stocks vs. a weakening U.S. economy. It has been quite an unpleasant week for the U.S. macroeconomy—weak income and spending data, weak housing data, and "lackluster" inflation data. For the first time since 2019, all sub-indices of the Bloomberg U.S. Economic Surprise Index are in negative territory. Meanwhile, the S&P and Nasdaq both reached new highs overnight

Record high U.S. stocks vs. weakening U.S. economy.

It has been quite an unpleasant week for the U.S. macroeconomy—weak income and spending data, weak housing data, and "uninspiring" inflation data.

For the first time since 2019, all sub-indices of the Bloomberg U.S. Economic Surprise Index are in negative territory.

At the same time, both the S&P 500 and Nasdaq hit new highs overnight.

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