The Most Depressing Chart In The United States (economy, Michigan, 2015)

[CFP]

Consumer sentiment moves in waves.

When the University of Michigan Consumer Sentiment Index made its debut in 1961, JFK was president and Americans felt good about the economy. Ten years later Camelot was finished, the U.S. was fighting an unwinnable war in Vietnam, and American optimism had flipped polarity into a state of extreme pessimism...

ChartWord: The Most Depressing Chart In The United States

[Hyperthetic]

Sell! Sell!

[mountainrose]

I do not understand why this chart is supposed to be so depressing.
Could you summarize for us low-information posters?

[middle-aged mom]

The University of Michigan's web page shows YTD consumer sentiment at 96.8. The only periods that had a higher sentiment were 1962-66 and 1997-2000.

[Hyperthetic]

Originally Posted by middle-aged mom

The University of Michigan's web page shows YTD consumer sentiment at 96.8. The only periods that had a higher sentiment were 1962-66 and 1997-2000.

Boy! Those were the years I was best off.