The entire stock market is based off investor’s feelings so why shouldn’t that also apply to the rest of the economy when market performance is a primary data point when measuring how the economy is doing?
People’s feelings affect how they act. Those actions, collectively, can have an impact on the economy (recession spending can cause a recession), politics (especially with elections in 6 months), and society in general. As they say, “perception creates reality.”
I definitely agree with you about the data, but people’s feelings do matter, that’s why we’re currently experiencing a vibecession.
Why would people’s feelings matter when the economy is actually good? The vibecession is literally a Conservative psyop
The entire stock market is based off investor’s feelings so why shouldn’t that also apply to the rest of the economy when market performance is a primary data point when measuring how the economy is doing?
Why isn’t the stock market down
People’s feelings affect how they act. Those actions, collectively, can have an impact on the economy (recession spending can cause a recession), politics (especially with elections in 6 months), and society in general. As they say, “perception creates reality.”
Why aren’t people saving up for a recession? They are spending at a very healthy level