How Can Investing Be Up When Individuals Feel Down?

Upgraded Dec. 27, 2023 12:00 am ET

According to the Anguish Index, Americans should not be all that unpleasant. However they may just just recently have actually begun to capture on.

Developed by the economic expert Arthur Okun, the Anguish Index is the basic summing of the joblessness rate and the inflation rate. It initially increased to prominence in the 1976 governmental election, when Jimmy Carter highlighted its high level in his project to unseat President Gerald Ford This returned to bite him: When President Carter was running for re-election versus Ronald Reagan in 1980, the index was even greater.

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