Every week brings results that were totally unexpected by our Country's sterling analysts.
In other words, week after week, issue after issue, experts and pundits are always wrong. It's not wonder our financial situation is in such disarray.
Here's just one example so far this week (and it's only Tuesday):
CHICAGO – Consumer's confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.
The Consumer Confidence Index, released by The Conference Board, sank unexpectedly to 47.7 in October — its second-lowest recording since May.
Wall Street analysts predicted a reading of 53.1.*
A reading above 90 means the economy is on solid footing. Above 100 signals strong growth.
*See that part about Wall Street analysts? Wrong again? And we bailed these fools out?
