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The Great Divergence: Consumer Gloom vs. Market Boom

Published onNovember 22, 2025
Peter Mallouk | President & CEO of Creative Planning

Peter Mallouk

President & CEO

Profile image for Charlie Bilello

Charlie Bilello

Chief Market Strategist

In this episode, Charlie and Peter examine why consumer sentiment is so low even with stocks at all-time highs — it’s a gap unlike anything we’ve seen before. Is this low consumer sentiment a signal or just noise?


Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.


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