The Good News Economist

Global Markets in Review: Fresh Economic Woes Impact Sentiment

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...

GNE
goodnewseconomist.com