One of the biggest threats to the markets is failing a basic prudence check. the danger is that family is sad They have been there since the University of Michigan debuted its long-running consumer sentiment index in the 1950s. When consumers are worried about their finances and the economy, spending automatically has to cut back on what brings a recession.
Conscience Check: Really? Worse when in a deep recession in 1974, queues of cars waited for hours for fuel, if it was even available? Worse, when unemployment was almost double the current level in 1980 and inflation was in the double digits, With 14.5% interest rates, worse than After 9/11 attacksor when The global banking system was on the verge of failure in 2008, come on.