4 ms·
But the actual economy _is_ still about sentiment, no?
by prmph 7y ago
But the actual economy _is_ still about sentiment, no?
- jakeinspace 7y agoFrom consumers and suppliers (to some degree), not so much from buyers of treasury notes.
- rtkwe 7y agoIn most places yeah which is why the kind of highly instrumented self reflection of the sentiment like the yield curve inversion can be dangerous. It's not a sign that says there's going to be a recession it's just a sign the people in that market think there will be one.