GMO has now made its famous 7-year asset return forecasts visible on its website; previously they would email them freely to registered recipients. They, primarily Jeremy Grantham, the co-founder, actually have quite a good record, though past performance may not correlate with future performance. LINK.
While there is no way for yours truly to have [...]
Gallup has put up a summary graph of consumer spending over the last few years. Happily, it begins with the tail end of the boom years.
This is not adjusted for price changes. Thus, when respondents reported $64 daily spending three Januarys ago and $63 this January, then three years of price [...]
The Bloomberg Consumer Comfort Index for the week reflects an America depressed about the future of the country:
U.S. Consumers Are Most Pessimistic on Economy Since Recession
Consumer confidence declined last week to its lowest level since the depths of the recession in the first quarter of 2009.
The Bloomberg Consumer Comfort Index fell to minus 53.2 in the [...]