What’s Wrong With This Picture?
zerohedge.com / by Tyler Durden / Feb 18, 2017 5:50 PM
Turn on any mainstream business channel (or President Trump’s tweet stream) and you will be told how ‘awesome’ everything is going to be… look at stocks, look at sentiment surveys, look at consumer confidence, look at small business optimism.
There is two small problems with all of this…
1) The ‘hard’ data is not confirming the ‘soft’ data at all…
Philly Fed beating by 10 standard deviations, NFIB small business optimism at record highs, but Industrial Production is dropping, real wages are shrinking, and the housing market is imploding.
The post What’s Wrong With This Picture? appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/02/18/whats-wrong-with-this-picture-17/
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