Bloomberg"s Consumer Comfort index surged once again this week to its highest since April 2015, but it was the "state of the economy" survey that really soared - breaking to new cycle highs at 42.8 - the highest since July 2007...
The last time we saw a surge like this was the post-QE3 "well they would not have stopped QE if they didn"t know that everything was awesome" narrative...
How did that work out for them?
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