Americans’ Economic Expectations Slump Near 2 Year Lows (And The Stock Ramp Is Not Helping)

Americans have been increasingly disgruntled with the economic outlook since March 2015 and today’s Bloomberg confidence print at 42.5 sends hope back to near 2-year lows. The early year bounce in expectations has been erased as US equity rallies have done nothing to stymie the growing realization across the states that something dismal this way comes.

Aug 2015 and Jan 2016 both show the dramatic and sudden realization of equity market investors crashing down to “real” economic expectations. The last few days have sent stocks soaring once again to re-engage animal spirits… because 3rd time is the charm right?