This is more about economic news specifically (well, it is an NBER paper being reported in the FT after all) but is quite interesting.
Things are getting better yet sentiment is falling. Does that mean things aren’t getting better or does it mean expectations are rising? Only the second of those two is brought up in this brief article.
Things are getting better yet sentiment is falling. Does that mean things aren’t getting better or does it mean expectations are rising? Only the second of those two is brought up in this brief article.