The rebound in confidence in the past two months is an excellent sign that the economy has bottomed. Consumers are usually the last ones to figure out what is really going on. The message received by consumers so far is that the economy is going to avoid Armaggedon, but things still look awful.
Tuesday, May 26, 2009
Confidence rebounds
The rebound in confidence in the past two months is an excellent sign that the economy has bottomed. Consumers are usually the last ones to figure out what is really going on. The message received by consumers so far is that the economy is going to avoid Armaggedon, but things still look awful.
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