03
Oct
A Tale of Two Realities. It’s complicated! May be a Recession in Mood only?!
Let’s look at three charts that do a pretty good job of showing us, if not explaining, the current state of the economy and markets.
On the one hand, consumer sentiment is lower than we saw during the 2008/9 recession. The mood, is bad. This reflects what we are feeling and the market is more often than not a reflection of our feelings and emotions than the health of the economy.