U.S. Output Gap vs. U.S. Consumer Confidence
Great chart showing the strong correlation between U.S. consumer confidence and the U.S. Output Gap.
U.S. consumer confidence always peaks before a recession.
Image: Pictet Asset Management
Great chart showing the strong correlation between U.S. consumer confidence and the U.S. Output Gap.
U.S. consumer confidence always peaks before a recession.
Image: Pictet Asset Management