anyone have a barometer?
I notice a lot of cheerleaders really pumping the economy lately. I may rant about the feedback loop between the market and and consumer confidence later. In the meantime, I look around and can’t help but notice things haven’t changed. Cheerleaders in the MSM aren’t noted for their consistency or willingness to connect dots from day to day, much less week to week.
Unfortunately, this seems to be the case for the producers of doom pr0n as well. Every day there is the “counter-point” to whatever CNBC is hyping, but no real consistent thread or message.
All this makes me wonder if there’s any place that lays out a thesis for the US and world wide economic outlook, does so in simple terms and provides consistent metrics. I don’t mind seening commentary all around it, but I want to see the measurement day by day, week by week.
I guess I’m asking for a little scientific rigor. Perhaps I need to quit complaining and come up with said thesis and metrics!
cheers.
