MARK NEWTON SAYS WEAK CONSUMER CONFIDENCE DOESN’T NECESSARILY MEAN WEAK SPENDING @MarkNewtonCMT thinks investors should wait for actual market deterioration before turning bearish: - Consumer spending and consumer confidence can diverge, and Newton sees current pessimism as heavily influenced by politics - He expects some of that partisanship to ease after the election, potentially opening the door for progress on the CLARITY Act - Elevated food and gas prices remain real concerns, but he says there is no easy near-term fix @FundstratDirect