
Confidence Surge… But Trouble Ahead - Jay Mehta #6388
From Financial Survival Network by Kerry Lutz
April 29, 2026 · 8 min
About this episode
Kerry Lutz and Jay Mehta discuss the complexities behind rising consumer confidence and the potential economic risks ahead.
Kerry Lutz sits down with Jay Mehta to break down a stronger-than-expected consumer confidence report—but the story beneath the surface is far more complicated. Mehta explains why confidence is rising, pointing to a still-resilient labor market and households that continue to spend. But despite the upbeat data, the bigger question is how long this strength can actually last. Rising energy costs are starting to creep back into the picture, and they hit lower-income households the hardest—threatening to squeeze discretionary spending and shift the trajectory of the broader economy. So far, sentiment hasn't cracked… but the pressure is building. Mehta explains why investors shouldn't react emotionally to short-term shocks, how to stay positioned with a long-term strategy, and why the energy sector is one to watch closely in the months ahead. The consumer may look strong today—but the risks are quietly stacking up. Find Jay here: https://verazadvisors.com Find Kerry here : https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz…
People in this episode
Host: Kerry Lutz
Guest: Jay Mehta
Topics covered
- consumer confidence
- labor market
- discretionary spending
- energy costs
- long-term strategy
- investor sentiment
Keywords
- consumer confidence
- labor market
- energy costs
- discretionary spending
- investor strategy
Mentioned in this episode
Organizations: Veraz Advisors, KHLFSN, Amazon
Books & works: The Armstrong Economic Code: The 5 Truths Investors Must Never Forget, The World According to Martin Armstrong – Conversations with the Master Forecaster
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