Heading back to NYC today/
Keep in mind that during times of stress, soft data tends to be more exaggerated than actual hard data.
News coverage of the economy has been negative. Here’s FT’s Robin Wigglesworth on a recent study of the news: "After scouring 1bn newspaper articles over 170 years (ca 95 times larger than the total number of English-language Wikipedia entries combined) some researchers have found a remarkable 50 year collapse in economic sentiment."
Keep in mind that during times of stress, soft data tends to be more exaggerated than actual hard data.
News coverage of the economy has been negative. Here’s FT’s Robin Wigglesworth on a recent study of the news: "After scouring 1bn newspaper articles over 170 years (ca 95 times larger than the total number of English-language Wikipedia entries combined) some researchers have found a remarkable 50 year collapse in economic sentiment."