The consumer is worse than markets believe, says Trivariate’s Adam Parker

Trivariate’s Adam Parker, Virtus’ Joe Terranova and BNY Wealth’s Alicia Levine, join 'Closing Bell' to discuss markets, consumer spending and the labor market data.

[MikiUJ]

Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I remember selling 100k worth of NVIDIA years back and today, I still can't get over making the wrong decision out of rumors and hearsay.

[Williammercy-ztou]

Hallelujah The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49, 000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11, 000 and got my payout of $290, 500 every month…God bless Mrs Susan Jane Christy ❤️

[DaniEles-rcij]

Everything is fine, for consumers who don't have to pay for rent, or food... everyone else is making cuts on things they can cut.

[DavidBradley-jr]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[brianwhitehawker]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[ThomasLee-cy]

I love the way you cover difficult topics. Your videos are always clear and informative.

[VietNguyen-vjsu]

sorry, none of cnbc guests predicted the early august selloff; they all were quite bullish then!

[victorylee]

He is trying to justify his own case while the market is saying otherwise

[MichaelAkin-he]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[FirstTeamComedy]

Every mall, shopping center and store I’ve gone into in the last two months has been packed. Lines were incredibly long at the outlet mall this weekend. I could barely move in any of the stores it was so busy. Maybe that’s just Southern California but it definitely feels like people are spending money and traveling. Lots of foreign languages at the shopping centers and lots of shopping bags and back to school shopping. Guess we’ll just have to wait and see.

[investmentking]

Motor sales in July up 4% following -4% in Jun. If there was not cyber attack in Jun, I think the retail sales would be inline with consensus or lower.

[illegalsmirf]

Adam Parker knows better than the rest of the world, hail Adam Parker and CNBC.

[AnkurYo]

Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial YouTubers, quite devastating!

[willberry]

If you are a long term investor every damn pullback is a buying opportunity

[headspaceandtiming]

The Fed better hang on to every BP for what’s coming. This economy is a facade and the debt will crush us. It’s the elephant in the room.

[dreadfuldonkey]

I guess this channel is behind the curve 😂

[jaym]

No, it's not manipulated. The RIP is real.

[BRuane-pwxq]

The Recession promised for 3 years by
Kernan and Santelli is happening when

[simone_maya]

Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain

[HettieClausenTl]

I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?