Relying on Consumer Sentiment for Economic Recovery is FutileSubmitted by Smaulgld.com on Wed, 07/03/2013 - 09:50
“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 economic reports indicating that the consumer’s positive outlook is Panglossinan.
Seems like consumers have bought into the media’s incessant recovery mantra.
Maybe, if we think REAL hard…...
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