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:
https://smaulgld.com/the-futility-of-consumer-demand-and-sentiment/