Gallup conducts a number of sentiment polls on a daily basis, and one with economic and market implications is their Consumer Mood poll. While the percentage of Americans with a "positive" mood on the economy is only at 6%, the percentage of those that are "negative" has dropped significantly since early March when equity markets bottomed. Americans whose mood is "mixed" has risen from the mid-teens up to 36% as the negativity has dropped. This "mixed" mood goes along with the "green shoots" theory that some things are getting better and most things have stopped getting worse. With Americans moving from "negative" to "mixed" before turning "positive," does this imply that we'll have a U-shaped recovery instead of a V?
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