… I don’t want to spend too much time and space teasing out all the nuances of what our new abnormal means. The situation is changing too fast. So, for the sake of brevity, I present the five data points that I believe are worth seeing.
1. Consumer confidence tanks: From early March to now, consumer confidence dropped by 16 points. This is the single fastest and sharpest decline in our series’ history. CONT.
Clifford Young, Ipsos