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Relying on Consumer Sentiment for Economic Recovery is Futile

“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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http://smaulgld.com/the-futility-of-consumer-demand-and-sent...