Scanlon — “Take experience and evidence and shape our expectations…”
Source: In This Economy?: How Money & Markets Really Work — Kyla Scanlon
Book page: scanlon-in-this-economy-part-1
From: In This Economy?
take experience and evidence and shape our expectations, which warps our perception and acts as a forcing function for interpretation—and that is how you feel (in the most simplistic sense possible). That feeds back into discourse and discussion, which also influences vibes and thus feelings. How you feel compounds into how everyone feels, and that is consumer sentiment. Of course, consumer sentiment is everything because consumer spending is such an important component of GDP growth.