Wouldn't a distortion be damaging either way? If all the bulls tell us to keep believing beyond the hard numbers, then we'll end up with an economic fallout. If

Wouldn't a distortion be damaging either way? If all the bulls tell us to keep believing beyond the hard numbers, then we'll end up with an economic fallout. If all the bears tell us its worse than it really is, we'll end up with a deeper and wider recession.