Saturday, October 3, 2009

Confidence in WHAT?


They call it the Consumer Confidence Index, and it is a very, very big deal. In a world where media-manipulated perception becomes reality (and modern financial markets qualify) our collective opinion of whether the economy is good or bad makes the economy good or bad...until our opinion changes.

This is nuts. It becomes more clearly nuts when you ponder a couple of questions, beginning with "Confidence in what?" That was the nub of this week's column.

If you see something I don't here, bring it on....

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