Why unemployment is inevitable part 2. Consumer sentiment at all-time lows cannot occur concurrently with all-time low unemployment rates.

Tl;dr is the title of the post.

The Michigan Consumer Sentiment index has existed for 82 years. In its history, it has only hit 50 once.

That was us. Last week. New all-time low.

Congrats, team!

Another thing that has never happened is for the consumer sentiment index to be at incredible lows while unemployment is also at incredible lows.

Their correlation is simple and has gone back for the entire history of the MCSI.

They move exactly opposite each other.

MCSI oscillates, but they move in the exact opposite directions.

The MCSI has never gone down without unemployment going up.

That's what it just did.

So, either the laws of modern economics are broken and human history has just changed…

Or unemployment is about to explode.

I did another post re unemployment on my sub if you want to check it out r/stockpreacher