"It's been said (many times) that correlation is not causation. That said, if the last 30 years are any guide, the recent sharp deterioration in consumer sentiment is the precursor to a dramatic (and widely unexpected) increase in unemployment.
![Sentimentvsclaims Sentimentvsclaims](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_v7v7PR_lGfi_TnjwvtNJW1y5tCRT3MJtdjj-aFWEYcijZuFKkOSepE_qVmXnYYrhpxbrQVB1uKz4CuHHldObhFqu9PCPQqanvHAm4cfDos4a2JQfS22zcB_ZaSuzrQ2QEmqcvfOnnJ-Gk=s0-d)
So much for the "recovery."
at http://www.financialarmageddon.com/2011/10/painful-precursor.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+financialarmageddon+%28Financial+Armageddon%29
So much for the "recovery."
at http://www.financialarmageddon.com/2011/10/painful-precursor.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+financialarmageddon+%28Financial+Armageddon%29