More Evidence Suggestive of Regime Uncertainty
By Robert Higgs • Tuesday July 19, 2011 7:54 AM PDT • 5 Comments
I cannot vouch for this chart, which is described as showing the findings of a survey of investors by Citi, but if it is even in the neighborhood of the truth, it would appear to be additional evidence of regime uncertainty–major-policy uncertainty, fear of significant government foul-ups, call it whatever suits you best.
I have not been conducting a systematic search for such evidence recently, but I am struck nevertheless by the frequency with which I stumble upon it without even trying to find it.
HT: Angel Martin