Consumer confidence is at its lowest level since 2002. The market was just starting to recover from 9/11 that year. It is no coincidence that year started a bull run that lasted till 2007. The economy is a mirror of confidence. Confident business owers invest, lacking confidence, they pull in their horns and turtle like retreat into their shell. Fewere people are hired and with less money to spend, bingo it does not take long for the economy to slow down.
Recommendation, one cup of cheer at everyone’s breakfast table in the morning.
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