If everything is so awesome (as initial claims hovering at 43 year lows suggests) then why are consumer confidence expectations (otherwise known as ‘hope’) tumbling?

 

Initial jobless claims rose 14k from a revised 252k to 266k, bouncing off near record lows… but “hope’ has tumbled to its lowest in 21 months…

 

What do the American people know? They “have nothing to fear but Trump itself” as far as The Democrats are concerned apparently.

 

Charts: Bloomberg

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