Bloomberg Looks For Excuses, Tickerguy Explains

From Bloomberg:

The Bloomberg Consumer Comfort Index has stalled near its recession average as the Dow Jones Industrial Average has risen 83 percent from a 12-year low in March 2009. A tight correlation between the index and Dow that lasted more than two decades has broken down as joblessness above 9 percent, stagnant wages and near $4-a-gallon gasoline outweigh the benefits of higher share prices, even after a 6.6 percent retreat in the Dow since the end of April.

That's because for 30 years the economy has looked like this:

That is, in the economy in general, we have "felt better" than we actually were - at an exponentially increasing rate. We hit the wall in 2007 and attempted to replace it with this:....

Read the full analysis here.