Ain’t Pessimism Great!
American satisfaction with the direction of the U.S. has chronically been depressed since 2008 and the stock market has used this persistent wall of worry to spread Joy on Wall Street.
Ever since the dotcom crash in 2000 followed by the Great Financial Crisis in 2008-09, Americans’ satisfaction with the way things are going in the U.S. has plummeted and remained extremely depressed. According to a Gallup Poll shown below, the percent of Americans which are satisfied has remained extraordinarily low between 10% to 30% since 2008 after…
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