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 →
Today’s Empire Fed index showed a very positive sentiment reading despite the economic data showing Shipments down Orders down Unfilled Orders down Delivery Time down Inventories down Number of Employees down Avg Workweek down Expected number of employees down Nearly all the economic indicators in the report were down yet, sentiment was up! The National … Read More →
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