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Visa sets record high while U.S. pending home sales hit low, Howard Lindzon notes

Visa sets record high while U.S. pending home sales hit low, Howard Lindzon notes
Visa soars as U.S. home sales slump

Visa has reached an all-time high, while pending home sales in the U.S. are at an all-time low.

Howard Lindzon commented that this contrast sums up the current state of the American economy. He added that Americans are spending heavily, but not on homes, and suggested that the velocity of money, as well as mood, culture, and perceptions of safety and luxury, have changed.

Howard Lindzon previously highlighted that he begins his investing week by following the Stocktwits momentum 25 lists. He has also noted that markets have avoided a crash despite pressures from deglobalization, inflation, and governance issues, according to a recent commentary. Lindzon’s ongoing observations focus on market sentiment and investor behavior.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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