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 the media’s incessant recovery mantra.
Maybe, if we think REAL hard….
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Further Reading:
As the Band Played on The Crowd Called For an Encore.
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