Economic Confidence Collapses At Fastest Pace Since Lehman

Tyler Durden's picture

Last week we showed the cognitive dissonance, nurtured by a liquidity-providing Fed, that has growth this year between stocks and economic confidence. In the last week, fed by a diet of DC headlines, Gallup's economic confidence index has collapsed. In fact, this is the worst 3-week plunge since Lehman - worse than during the 2011 Debt Ceiling debacle.

Gallup's Economic Confidence is collapsing...

 

at the fastest pace since Lehman...

 

 

Data: Gallup