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Eurodollar University’s Making Sense; Episode 98, Part 2: Wisdom of Crowds

Summary:
98.2 NBC News Poll Shows Economic Wisdom of the Crowds ———Ep 98.2 Summary———A long-standing NBC News Survey shows John & Jane Q. Public perceive the economy’s condition BETTER than economists who anchor to the unemployment rate. Since 2005, US citizens have sensed each global dollar squeeze. They may be noticing another one, right now. ———See It——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiAlhambra YouTube: https://bit.ly/2Xp3royEmil YouTube: https://bit.ly/310yisLArt: https://davidparkins.com/ ———Hear It———

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Jeffrey P. Snider writes Eurodollar University’s Making Sense; Episode 100, Part 1: For Our Hundredth, What Else Would It Be? INFLATION

98.2 NBC News Poll Shows Economic Wisdom of the Crowds

———Ep 98.2 Summary———
A long-standing NBC News Survey shows John & Jane Q. Public perceive the economy’s condition BETTER than economists who anchor to the unemployment rate. Since 2005, US citizens have sensed each global dollar squeeze. They may be noticing another one, right now.

———See It———

Twitter: https://twitter.com/JeffSnider_AIP
Twitter: https://twitter.com/EmilKalinowski
Alhambra YouTube: https://bit.ly/2Xp3roy
Emil YouTube: https://bit.ly/310yisL
Art: https://davidparkins.com/

———Hear It———

Vurbl: https://bit.ly/3rq4dPn
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iHeart: https://ihr.fm/31jq7cI
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Castro: https://bit.ly/30DMYza
Google: https://bit.ly/3e2Z48M
Spotify: https://spoti.fi/3arP8mY
Pandora: https://pdora.co/2GQL3Qg
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Castbox: https://bit.ly/3fJR5xQ
Podbean: https://bit.ly/2QpaDgh
Stitcher: https://bit.ly/2C1M1GB
PlayerFM: https://bit.ly/3piLtjV
Podchaser: https://bit.ly/3oFCrwN
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SoundCloud: https://bit.ly/3l0yFfK
ListenNotes: https://bit.ly/38xY7pb
AmazonMusic: https://amzn.to/2UpEk2P
PodcastAddict: https://bit.ly/2V39Xjr

———Ep 98.2 Topics———

00:00 Intro: The average American perceives the state of the economy better than economists.
00:47 NBC News surveys Americans on various political items; and the state of the economy.
01:53 In 2005 Americans said the economy was worsening despite the ? unemployment rate.
04:41 In 2011 Americans said the economy was worsening despite the ? unemployment rate.
06:28 The average American is a little bit above average in perceiving the economy.
08:25 In 2015 Americans said the economy was worsening despite the ? unemployment rate.
10:53 In 2015-16 Americans and Britons voiced displeasure with the economy via the ballot box.
12:04 In 2019 Americans said the economy was worsening despite the ? unemployment rate.
15:25 Wisdom of the crowds can offer a better estimate of questions than expert guesses.
20:10 In 2021 Americans say the economy is worsening despite the ? unemployment rate.
22:13 The poor economy is a political cudgel both parties use against each other.
23:07 Outro: Why do we continue to apply orthodox medicine to an unorthodox disease?

———Ep 98.2 References———

They’ve Lost That Loving Feeling: https://bit.ly/3zJ6sB3
NBC News Survey Study #210188: https://bit.ly/3n5o0Ec
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays: https://bit.ly/38tL5a7

———Who———

Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by the pen of the people, David Parkins.  Podcast intro/outro is “UntrainedEye” by _91nova from Epidemic Sound.

 


Jeffrey P. Snider
As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. His company is a global investment adviser, hence potential Swiss clients should not hesitate to contact AIP

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