People often accuse polls of oversampling Democrats.
It's often BS.
But in the case of the University of Michigan's consumer sentiment index, it's true! And it's a huge problem for interpreting how consumers feel about the economy.
@IgnoreNarrative@kcerminara Yesterday is history, tomorrow is a mystery, and today is a gift... that's why they call it present - Master Oogway (Kung Fu Panda)
@kcerminara I end up watching 9-10 hours of CNBC a week, and an equal amount of various podcasts. I know many hate on CNBC, but I do find it informative for daily news. Would love some recs if anyone has a better way to spend free time!
@JulianKlymochko This equity-like upside with treasury-like downside is what sold me on SPAC’s at NAV. An unheard of concept to your average retail investor.
@Ehrls15@Maxwell32 @DigitalDoji @retrolenny @passivenechayev @investvoyager Woah! Appreciate the clarification Mr. Elrich. If it’s not true this is a misnomer floating around on boards ranging from Reddit to Stocktwits. I stand corrected.