MarketsInsider/Bertie Scott and Ben Winck/4-4-2022
“Inflation has been ramping up for nearly a year now. Since then, Americans’ confidence in the economy has been tanking and is stuck near 11-year lows despite the broader recovery going exceptionally well.”
USAGOLD note: This article resurrects a phrase we have not encountered since the dark days of the 1980s recession – economic malaise. The Fed’s view is that all is well. SocGen’s Albert Edwards calls such thinking “utter unadulterated bilge.”
