It's what happens when everyone is being told everything is terrible all of the time. The grievance culture, put on turbo during Covid, has made everyone miserable whether or not it's true.
Downtown Josh BrownThis is an absolute show-stopper of a chart from Dr. David Kelly at JPM, it shows the complete and utter disconnect between consumer sentiment and the stock market. We have never before seen such a disconnect between how people are feeling and how they're actually doing.