the.com/investor confidence
the collective mood ring that decides whether your savings feel like genius or gambling.
means a market-wide belief that assets will keep behaving as expected, which is exactly why it evaporates the moment they do not.
from the phrase surged in 20th-century financial journalism as a euphemism for what markets actually run on: vibes with spreadsheets attached, formalized whenever crashes needed a scapegoat that wasn't math.
self-fulfillingbelieving markets will rise often makes them rise
measured indirectlytracked via indexes, surveys, bond yields, not vibes directly
fragile by designcan vanish faster than it took years to build
central banks chase itrate cuts often aim at psychology, not just economics