The consumer is strong, but weakening: Cantor's Eric Johnson

Cantor's Eric Johnson, Payne Capital's Courtney Garcia and Invesco's Brian Levitt, join 'Closing Bell' to discuss markets, PCE, potential for rate cuts, and the state of the consumer.

[@shellywhite2145]

What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets

[@PspTomisi]

I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire

[@PspTomisi]

ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.

[@shellywhite2145]

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.

[@dougmanzo9648]

Eric the hair My man! My number one bear

[@orlandovelastegui1391]

Garcia is right !!! I’m not buying Clothing but, I have one Trip in Memorial Day Weekend and 4th of July weekend and hopefully I can go away also on Labor Day weekend.

[@mmercato7174]

He is a good bottom indicator. Always bearish at the wrong time

[@dougmanzo9648]

Consumers are running out of gift cards. Forgotten gift cards in a drawer are the new saving tin foil

[@nickvin7447]

Consumer debt is strong.

[@alexproctor9765]

These guests have it all wrong. All wrong. Why are they being interviewed?? Rent is eating more and more into after tax income. Currently in California over half of all renters are paying 40% or more of monthly income towards rent. Gas is almost $5 a gallon for regular unleaded in Las Vegas. Car insurance has almost doubled for people in the last year, food prices especially at restaurants are still much higher than a year ago., overall credit card debt is sky high. Those high rents do more harm than just eat into disposable income it prevents renters from being able to save for down payment or fund their Roth IRA's. Fiscal and Monetary policy failed average Americans and now those average people have to pay the price. It is wrong. The Fed should have taken the Fed Funds Rate to 7% and reduce its balance sheet much more. Congress should return spending to pre Covid levels instead it is a trillion dollars higher. Shame on our failed leadership. Can we get some guests on this show that more in touch with reality instead of just cheering for more nominal growth. Purchasing power should be the focus.

[@southrichmondtofl]

Well said! Very well!

[@bdouble3944]

Eric been bearish sense 3800

[@IproPvP]

said the same thing when we bottomed in late 2023 lol

[@grandmiserthe3rd434]

" Goalposts " on wheels .....!!!

[@MatthewMS.]

Things are good. (Edit: equity market conditions in general).

[@keimo2007]

Did he went from bear to bull during recent dip?

[@erichvonmolder9310]

Just hold and don't get involved in what the market will do or not do, because you will be wrong. Overthinking the market is not for us regular retail ETF/Mutual investors, I've made that mistake. If you are a Trader do whatever you do to make a living, but I do not want to be dragged into your gambling world, which is exactly what it is.

[@royprovins7037]

Eric was predicting rate cuts in March........of last year

[@robschild.]

Brief sigh of relief before the run to safety sets in. Clowns are the ones cheering right now unless you're long bonds.

[@mmercato7174]

He still works in financials ???

[@Haze508]

I will never understand. How are you going places without buying stuff lol

[@jacqueslucas8616]

Oh god, consumer is not strong…..savings rate down to 3.2%

[@teebone2157]

These idiots think a 3 and a 1/2 % savings rate is considered high. This country doesn't even save money. Which is why people are always in trouble financially.

[@chrisadams27]

If Eric has been managing your money over the last 2 years you've done terribly

[@waltertodd4479]

Hahahahaha the consumer is weakening from a banker and wall street opinion. What do bankers and wall street boys really know about the poor? They have no clue.

[@pjcanseco2590]

If you're going to publish the guy's name, the least you could do is bother to spell it correctly. Come on.

[@keto6789]

This guys always wrong