[Chart] CEO confidence number plunges back to financial crisis levels

by SpontaneousDisorder

Sauce:

twitter.com/BittelJulien/status/1179685787434180609

 

Given the yield curve is inverted still and stocks are 3x overvalued I doubt it. Maybe this indicator will just go much lower in a recession, or just stay at a very low level. Its a bad idea to place too much importance on any one sentiment indicator, but it is interesting.

266 views