Much is made of the relationship between Wall Street and Main Street, between consumers and investors. Of course, some of us are both consumers and investors. Based on the latest monthly reading of the Michigan U.S. Consumer Sentiment Index, the consumer side of the relationship is suddenly unhappy. That likely works its way into the stock market, which has started 2019 as if the fourth quarter of 2018 never happened. You see, the past three U.S. recessions were foreshadowed by a steep, sudden drop in consumer sentiment.

Source: Forbes January 31, 2019 17:00 UTC