Tag: economic theory

The Confidence Mirage: Why Consumer Sentiment Isn't Always King

The Confidence Mirage: Why Consumer Sentiment Isn't Always King

We hear about it constantly. Famed for it being a leading indicator of economic prosperity, a weather vane on the roof of our national wallet. But is it really the gold standard, best measure ever, metrics by which all other metrics should be judged? As a journalist who has spent...

Rate Hike Reality Check Calibrating Confidence in a Wobbly World

Rate Hike Reality Check Calibrating Confidence in a Wobbly World

We're constantly bombarded with economic news, aren't we? Inflation figures, unemployment rates, GDP growth—these measures all present a very rosy picture of the economy. This never-ending flow of data points is meant to give us a picture of our environment’s proverbial pulse. What does it all actually mean for us,...