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Steve Roth
steveroth.bsky.social
did:plc:ppc7esxmuuhfy36dnz6hchhv
I say low econ sentiment is ≈cuz ppl r still getting used to "new normal" prices. Here, some data.
The effects of inflation on sentiment decay ≈50%/yr. But, this decay effect will only increase sentiment from 64 to 72 by the next year sigh. Other effects TBD. https://www.briefingbook.info/p/digesting-inflation
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2023-12-04T17:35:16.784Z