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'Depressed' consumer still spending -wealth advisor

STORY: U.S. inflation may be subsiding, but that failed to lift spirits among Americans, with a survey on Friday showing consumer sentiment dropping to a seven-month low in June.

Gilbert explained that "when we look at consumers and the way they interpret what's happening, versus what the facts are telling us, sometimes there's this disconnect."

"What that's actually good for, though, is markets," she said, noting that a "depressed" consumer "actually points to a higher stock market looking out six months to a year" - with the reverse also being true.