2024 Economics in One Minute: Poor Sentiment vs. Strong (?) Metrics
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- Опубліковано 3 лют 2024
- A belated happy 2024 to all One Minute Economics supporters!
With a new year upon us, it makes sense to give adequate attention to the main narratives with respect to economics in 2024. And a fair case could be made that an epic battle between sentiment and metrics is in the spotlight this year.
More specifically, a battle between statistics that paint a positive picture of the economy on the one hand and consumer sentiment data which says the exact opposite on the other.
Why is that?
Why can so many people feel so bad about the state of the economy when the proverbial numbers indicate that things are actually not that bad?
As much as I dislike using this expression, the truth is somewhere in the middle in this case. Thus, no matter what side of the fence we find ourselves on in terms of verdicts, I would strongly recommend keeping an open mind and at least entertaining the possibility that you are not the holder of absolute truth.
While admitting you don't know everything is quite the undertaking in a highly polarized 2024... hey, it's worth at least giving it a shot! :)
A special thanks to Billa and everyone else who has been supporting One Minute Economics over the years. While this project isn't exactly what one would call financially rewarding, I'm not going anywhere. However, as has been the case in 2023, there are periods when my priorities have to shift. Will do my best to be more prolific on the economic education front in 2024, already have another video in production (one about housing affordability) but as always, I cannot make any promises/commitments. If you appreciate the work I do on this channel and want to support One Minute Economics in one way or another, my email address is contact@andreipolgar.com and I'm always open to suggestions :)
How on earth there are only 60 odd likes ? As a father of two school kids I am concerned as to where the future is headed… Salute sir..
Thanks for pointing out that property prices are going up and so are the sizes….😮 Everyone wants to live in a mansion I guess
My videos usually don't go viral, they tend to gradually do better and better. Very difficult for family-friendly content that's not controversial or "edgy" to go viral these days. But hey, as long as comments like yours pop up and my work receives exposure in aggregate, I'm happy :)
Thanks buddy
Oh no you don't... thank YOU! :)
Financial econ strong, real econ weak
Yet another Wall Street vs. Main Street showdown? Perhaps. Feels like there's more to it than that this time around though.
@@OneMinuteEconomics yeah, devil is always in details. However we can not say truth is somewhere in the middle this time. It is not enough.