~ As a nation, we are anything but confident:
It doesn't look so bad until you find out that the average confidence is -28. And confidence has plunged in the past two weeks. Says Gallup:
The reality is that there should be more concern about the impact of these events on Americans' confidence in the economy than about their impact on Wall Street investors' confidence.Word.
Only Washington, DC sports a positive confidence number. Do they know something we don't, or are they just in some kind of inside-the-beltway navel-gazing reverie disconnected from the real world?
One guess.
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