Who Knows Better?
Courtesy of Michael Panzner at Financial Armageddon
In my latest column for DailyFinance, "The Disconnect Between Consumer Confidence and Retail Sales," I argue that the yawning gap between these two measures is telling us something. Chances are, it’s saying that consumers know better than the official statistics about what’s really going on in the U.S. economy.
Click here to read the article.