Falling Loan Demand Another Blow To Soft DataRupert Hargreaves
During the last few months of 2016 and first few months of 2017, it seemed as if the so-called Trump-bump would have an enormous positive impact on economic and corporate activity. Soft data readings such as consumer sentiment and small business optimism, surged to records following Trump’s election as his pro-business rhetoric inspired consumers and business owners alike. However, during the past few months, an enormous gap has opened up between hard data readings and indicated soft data readings. For example, for the month of March consumer sentiment hit its highest level since 2000. Meanwhile, small . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible