Two Views of Economy Collide: Data vs. Sentiment

[McFurd]

Investopedia - 4/4/2017 - Adam Hayes CFA - The reported confidence of American consumers, CEOs, and small business owners has soared to record levels over the past few months, and it is now at a stunning contrast to the reality presented by hard economic data that should make Americans quite sober. Call it the Reality Gap. According to the Wall Street Journal, the U.S. economy ended last year expanding at just a 2.1% annualized rate, in line with what has been the slowest pace since World War II, and it's expected to expand at only 1% in the first quarter. Read more: http://www.investopedia.com/news/two-vi ... z4dHbm164Z