If folks are scared, regardless of the reality of the situation,
their buying and investing habits change. Certain products viewed as non-essential are shunned, money is held tighter and/or moved into 'safer' investement vehicles, etc...
Colo's original post indicates that that seems not to have happened yet. But all it takes is a quick kick to the gnads to change the way consumers feel about short and long term prospects. I am no economic major or anything, but we have all experienced abrupt changes in sentiment that have caused issues - think toilet paper shortage....hoarding, etc....housing market...
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In response to this post by SteveInBaltimore)
Posted: 02/25/2022 at 07:40AM