Economic Confidence Collapses At Fastest Pace Since Lehman – ZeroHedge

Published on Zero Hedge (http://www.zerohedge.com)

By Tyler Durden 

Last week we showed the cognitive dissonance [7], 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 [8] 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…

 [9]

 

at the fastest pace since Lehman…

 [10]

 

 

Data: Gallup [8]

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Source URL: http://www.zerohedge.com/news/2013-10-08/economic-confidence-collapses-fastest-pace-lehman

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