Sunday, December 2, 2007

Having a Hard Time Seeing the Use in Consumer Confidence

Haven't studied consumer confidence much, so with this new fangled multi-series charting option of the Fed I contrasted GDP growth versus consumer confidence. Didn't really find much interesting except that when we go into recession people's confidence goes down. Which is like saying when cute, redheads that are (ahem) "blessed by the Lord" walk into the room men can't chew gum and talk at the same time;
Wish there were more redheads in economics.

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