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Economic Hope Crashes By Most Since 2013 Government Shutdown

Submitted by Tyler Durden on 05/21/2015 10:07 -0400

Consumer Comfort is now the lowest it has been since Dec 2014 as Bloomberg's sentiment index continues to track the pain of higher gas prices better than the gain of higher stock prices. This is the biggest 6-week plunge in sentiment since Oct 2013. What is more worrisome is 'hope' is plunging. Economic Expectations fell by the most since Oct 2013 - the government shutdown - having fallen for 3 straight months. It appears the trickle-down popularity of seeing a Green Dow print every night on the news does not make the average joe feel any better about the world after all???

Confidence is tumbling...

As Hope collapses...

Charts: Bloomberg

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Thu, 05/21/2015 - 10:10 | 6117101 Headbanger

MOAR HOPIUM!!

AND CHAINS!

Thu, 05/21/2015 - 10:12 | 6117113 Hype Alert

Doesn't matter. Index is green!!

Thu, 05/21/2015 - 10:21 | 6117139 pods

I think it is quite telling that "hope" is so influenced by the government and took a dive when (gasp) they "shutdown."

Probably the biggest lesson in that made up statistic.

Hope should be reserved for teen boys in regards to whether their girlfriends get their periods, and not some "economic" metric.

pods

Thu, 05/21/2015 - 10:55 | 6117284 smlbizman

if it aint since lehman....it aint shit.....

Thu, 05/21/2015 - 11:54 | 6117536 MonetaryApostate

https://youtu.be/hHUbLv4ThOo

Thu, 05/21/2015 - 11:29 | 6117440 KnuckleDragger-X

Gee, you mean the proles are restless and unhappy? Time to ship'em off to fun camp where they can be 'taught' to do what Big Brother says without question.....

Thu, 05/21/2015 - 10:15 | 6117124 ZH Snob

buncha complainers. just look at the dow!

Thu, 05/21/2015 - 10:11 | 6117107 Thisisbullishright

Straight up panic buying in the last 5 minutes??

I'm so fucking sick of this bullshit!!

Thu, 05/21/2015 - 10:13 | 6117116 Dumgoy

Keep Hope Alive! Natzis! Never again!

Thu, 05/21/2015 - 10:15 | 6117126 LawsofPhysics

Let's be honest already. The government was not shutdown. Government employees got a two week paid vacation.

Fuck em.

Thu, 05/21/2015 - 10:17 | 6117130 Osmium

Comfort index will drop more when consumers have to switch to cheaper brands of toilet paper.

Thu, 05/21/2015 - 10:47 | 6117249 toady

Comfort index will drop more when consumers have to switch to cheaper brands of whiskey.

Thu, 05/21/2015 - 10:23 | 6117148 Dr. Engali

You know we live in a fucked up country if optimism goes up when .gov isn't "shut down".

Thu, 05/21/2015 - 10:50 | 6117266 CHC

I never knew that my comfort was indexed. I'm so impressed.

Thu, 05/21/2015 - 10:54 | 6117280 FreeShitter

Qe 4 or bust bitches. Hang the fuckers.

Thu, 05/21/2015 - 11:54 | 6117540 fremannx

Endogenous social mood is fast deteriorating. Contrary to popular thinking, social mood isn't souring because the economy is faltering... the economy is faltering because social mood is souring. The evidence is clear when you understand what to look for...

http://www.globaldeflationnews.com/recognizing-changing-social-mood-is-k...

Thu, 05/21/2015 - 12:09 | 6117596 Katastrofenhausse

GrEeN ShOoTs !!1!!

must be Tulip Season

Economic Hope Crashes By Most Since 2013 Government Shutdown

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