mcclellan often has some good charts and info.
we'll see how this pans out by next year.
Wow bear, this appears to be some very profound observing and predicting.
It's an interesting chart and looks like there is a high correlation. But I don't see any indication that the consumer confidence number leads the Employment data or visa versa for that matter.
The chart does indicate that there is currently a disconnect, which is certainly noteworthy. But the question is, will employment numbers go south? Or, will consumer sentiment rise out of the doldrums.
The author seems to draw the conclusion that Unemployment will rise going forward. They might be correct, but I smell a bias.
I think that alot has to do with the current war and oil prices. If the war is really completely over and oil prices fall back below $90/barrel, then stocks should soar. If this is a trick by Putin, the war is only starting and oil prices continue above $100 then stocks have a hard time.