from CapitalStool.com
(snip)The two highest occurrences of bearishness were just before war broke out in the middle east. Of course the consumer neglects that Military Keynesianism sees this as highly bullish for growth.
Today I don't see that the general populace has any fear of a military strike in the middle east. There's no public news of an imminent strike. So the consumer is definitely afraid of something else other than war. It's the worst sentiment ever on a non geopolitic event and I think that speaks volumes in itself. People are feeling the pinch at home, jobs have been lost, the grocery bill is getting gruesome, RE sucks and will continue too, gubermint rebates aren't enough to even fill up the family cars... How do you think this inquiry would look like if it were made back in late 1929? "(snip)



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