With a business cycle that is very long in the tooth… We are closely watching the biggest part of the economy, the consumer.
Michigan Consumer Sentiment Jumps
As the economic cycle ages, sentiment may wane .. looking at this chart going back the last several years, sentiment appears to be gaining steam.
Could the 07-09 cycle have been so deep and so slow to recover that we are just now picking up steam? Time will tell !
Have a Great “Good Sentiment” Day!
John A. Kvale CFA, CFP