DOES THE STOCK MARKET REFLECT THIS?

Consumer sentiment readings should be close to or ABOVE 100. The worst reading after 911 was 60. Recent reading was 40 !! The TOTAL reading was 55.

Consumer spending is 70% of the economy, this does not reflect a consumer who is making big committments, the FED and US gov't led deficits and ZERO RATE policy is what is filling the gap.

But the money is not flowing to where it might do the best good, it is flowing into speculative markets such as commodities fueling inflation and US STOCKS. Does above chart show ANY improvement in NEW HOMES SOLD? considering how long rates have been at historic lows....4% for 30 year????? this is troubling...

D