Slide 1: DJIA breaks 1y low
DJIA all time high 14k
Slide 2: Bull Market Confidence High Income Consumers
Middle Income Confidence Just Before Correction
Thanksgiving New Years
High ratio means increased middle income consumer spending compared to high income consumers
Slide 3: Volatility Just Before Market Peak
How late
Nightlife volume
People Going Out Later Than Ever
How late
New Years New Years
Nightlife volume