Feb 6, 2018
OK Wall Street, let me tell you how I really feel
Consumer and business confidence in the economy can play a big part in market volatility
Since 2009, consumer and business confidence in the economy has known pretty much one direction — up. And that’s no small thing. Consumer spending directly and indirectly accounts for nearly 70 percent of economic activity. And how people feel about the economy directly affects that spending. So how are they feeling now?