The bloom is off the recent historic high optimism of an expanding economy and markets reflected in the CIRT Quarterly Sentiment Index from just a year ago. The overall 3rdQ/2022 index level plummeted 35% in the last twelve months falling to only a 51.4 reading, barely above neutral (The index is on a scale of 0-100 with a reading of 50 being neutral). Every index factor recorded a downward trend, which means both inflationary concerns AND economic slowdown worries are in play at the same time.
For details and in-depth analysis of some important current issues SEE CIRT 3rd/Q 2022 Sentiment Index Report.