No doubt just the first leg of the new world bull. I've been following the daily Rasmussen Consumer/Investor confidence indexes closely in the past 6 weeks. They both continue to surge higher with no bearish movement since both rocketed higher 3-4 weeks ago...
If that psychology falters, then the rallies will too.... if those indexes keep moving higher, I can't see any significant dips on the near term horizon...
Global Markets in Review: Fresh Economic Woes Impact Sentiment [View article]
Prieur,
Good luck with the day job. We will look for whatever wisdom you can provide within the bounds of your ability to get real stuff done.
Always enjoy your posts and this is no exception.
I do take issue however with you presenting *data* to support the assertion that it "impacts sentiment"
Frequently it is other many other factors that drive a cascading downward spiral... or irrational exuberance to the upside...
Contrary to the tag cloud and many gloomy news headlines, consumer confidence is surprisingly up... mast-economy.blogspot....
Most other economic indicators can be measured with charts and data. But consumer confidence and sediment is not one of them... it's always elusive... just outside of our analytical reach...
Like it or not, for an explanation of sentiment we need the psychologists... and as you know many of them can't explain the human condition well either...
Emerging Markets Lead Global Rally [View article]
No doubt just the first leg of the new world bull. I've been following the daily Rasmussen Consumer/Investor confidence indexes closely in the past 6 weeks. They both continue to surge higher with no bearish movement since both rocketed higher 3-4 weeks ago...
mast-economy.blogspot....
If that psychology falters, then the rallies will too.... if those indexes keep moving higher, I can't see any significant dips on the near term horizon...
Thanks again for these graphs.
GNE
Tuesday Outlook: Commodities, Emerging Markets [View article]
Perhaps the next round of THE WAVE is happening today?
;-)
Thanks again,
GNE
goodnewseconomist.com
Global Markets in Review: Fresh Economic Woes Impact Sentiment [View article]
Good luck with the day job. We will look for whatever wisdom you can provide within the bounds of your ability to get real stuff done.
Always enjoy your posts and this is no exception.
I do take issue however with you presenting *data* to support the assertion that it "impacts sentiment"
Frequently it is other many other factors that drive a cascading downward spiral... or irrational exuberance to the upside...
Contrary to the tag cloud and many gloomy news headlines, consumer confidence is surprisingly up...
mast-economy.blogspot....
Most other economic indicators can be measured with charts and data. But consumer confidence and sediment is not one of them... it's always elusive... just outside of our analytical reach...
Like it or not, for an explanation of sentiment we need the psychologists... and as you know many of them can't explain the human condition well either...
GNE
goodnewseconomist.com
Great Depression Not Imminent, But Inevitable [View article]
The reason that insurers are moving into the shadows is that in the current environment there is a significantly diminished need for them.
The fewer insurance companies the better.
That's good news.
Good News Economist.