Though these numbers aren't great, Tim Kane, an economist at the conservative - leaning Hoover Institute, said that
economic confidence tends to be based on the business cycle.
Not exact matches
And we are not talking just about the recent rise in lipstick sales at Estée Lauder, which is considered by some to be a hot - red indicator of
economic trouble (at least on slow news days) on the horizon because consumers
tend to turn to less expensive indulgences when losing
confidence in the future.
Improving consumer
confidence tends to support loan growth as well as overall
economic stability.
In other words, the gold / GYX ratio (gold relative to the Industrial Metals Index)
tends to fall during the booms, which are periods when
economic confidence rises while mal - investment sets the stage for an
economic contraction, and rise during the busts, which are periods when the mistakes of the past come to the fore.
However, we can say with some
confidence that central government schemes aimed at social justice
tend to undermine community, retard
economic growth, and exacerbate the differences between the poor and the wealthy in this country just as they did in South America.