Higher stock market, lower consumer expectations?

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Came out earlier because you rescue quietly get this question right now explain the rise in the stock market vs lowering expectations.

And consumer confidence and debt you've got -- -- bumping up against fourteen.

And yet these guys aren't feeling any better about their own situation why is that.

Well because -- long time ago we had to separate the idea that the stock market is a direct correlation of the US economy it's not I -- one of the reasons I've been overly bullish for a long time bill.

For things personal all the global economy I'm not talking about Europe have you ever heard about two Azerbaijan.

I -- just -- the four seasons there and a whole lot of other places Obama had to have you just say have you recently seen the skyline in Panama City.

I have not gonna blow you away the world is on fire -- the planet the planet has never been this prosperous before that's the -- it caterpillar gets 7% and revenue outside of America apple gets 66% and revenue outside of America -- did to get 30% of its revenue.

Outside every.

Buddy -- except the US were bumping along where there's a reason for that there's a reason why the consumer.

Feels like this viewer does it went really well because America is just bumping along and we -- a very dangerous place right now do you look at Europe this morning.

-- one of the biggest power companies in Italy their stock is down 40% this morning -- in trouble.

Spain's economy dropped even more Germany had the lowest beer consumption last year in history how about just that Europe is in trouble were going in that direction that I can understand why people don't understand the correlation because in fact it's not the way it used to be.

A lot of what we're seeing in the market is the global economy global peace low valuations and also let's admit it.

Fed money printing doesn't hurt either.

And the payroll tax to his playing with the heads of a lot of people right or find their heads in -- wallets.

-- to thank you -- schedule -- -- -- Hemmer foxnews.com is the email also on Twitter at Bill -- fire right away right now for just detained.

Because -- past market.

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Higher stock market, lower consumer expectations?

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