Posts
Economic
Confidence Collapses At Fastest Pace Since Lehman
8
October, 2013
Last
week we
showed the cognitive dissonance,
nurtured by a liquidity-providing Fed, that has growth this year
between stocks and economic confidence. In the last week, fed by a
diet of DC headlines, Gallup's
economic confidence index has
collapsed. In fact, this
is the worst 3-week plunge since Lehman - worse than during the 2011
Debt Ceiling debacle.
Gallup's
Economic Confidence is collapsing...
at
the fastest pace since Lehman...
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