Relying on Consumer Sentiment for Economic Improvement is Futile

3 posts / 0 new
Last post
Smaulgld
Smaulgld's picture
Offline
Joined: 06/24/2013
Hat Tips: 50
Posts: 287
Relying on Consumer Sentiment for Economic Improvement 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 Panglossian.

Seems like consumers have bought into the media’s incessant recovery mantra.

Maybe, if we think REAL hard….
Click Here for Video:
http://smaulgld.com/the-futility-of-consumer-demand-and-sentiment/

Edited by admin on 11/08/2014 - 06:01

__________________

http://www.smaulgld.com

Strongsidejedi
Strongsidejedi's picture
Offline
Joined: 06/14/2011
Hat Tips: 11801
Posts: 2281
@Smaulgld

I was just watching a film on Woodstock.

The clouds start to rain and the people on stage ask people to look up in the sky and to all think that the rain will go away.

Then, they start to chant "no rain" "no rain" "no rain".

A few minutes later, the film shows a few people saying something like "I have something to say.  I'd like to know who the fascist pigs are that fly planes over us and seed the clouds.  They were flying the planes over us and they were seeding the clouds"

It's alot like the response to the economic climate.  Maybe by changing the way people think about it, the rain will go away.  And, then there's others who are saying that the "fascist pigs" did it.

Smaulgld
Smaulgld's picture
Offline
Joined: 06/24/2013
Hat Tips: 50
Posts: 287
Saw that too! Good point

yes people can create rain or stop it but not by thinking about it!

__________________

http://www.smaulgld.com

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "Relying on Consumer Sentiment for Economic Improvement is Futile"