
Category Pirates
"Lowest Consumer Sentiment" Is Good News?
<p>The University of Michigan consumer sentiment index just came in at 44.8.</p><p>The lowest reading in the history of the survey.</p><p>April was already the worst on record. We beat it, then beat it again a month later.</p><p>Near-zero unemployment. Record-high stock market. GDP growing. Entrepreneurship at an all-time high.</p><p>And the consumer says this is the worst they can remember.</p><p>Something doesn’t add up.</p><p>Here’s what we covered in this episode:</p><p>1. “Record low” is good news.</p><p>The consumer isn’t behaving like the s...






