Podcast Summary 0:00-7:21 Introduction Consumer Confidence Conditioning 7:21-13:13 the recent high reading of the Michigan consumer confidence survey is discussed in the context of the media’s insistence that the economy is improving. The Gallop consumer survey, however, is down. Consumer confidence is not a good barometer for predicting future economic activity. Consumer confidence and other … Read More →
Consumer Sentiment “Demand and desire are infinite, supply and production while often plentiful, are always finite” – Smaulgld Last week we noted that Consumer Sentiment is a poor economic indicator. Consumer sentiment is up despite a rash of poor economic reports indicating that the consumer’s positive outlook is Panglossian. Seems like consumers have bought into … Read More →
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