Markets 'Terribly Wrong' to Price in Rate Hike, Kevin Hassett Says

TL;DR

Markets 'Terribly Wrong' to Price in Rate Hike, Kevin Hassett Says Consumer sentiment readings have reached their lowest levels since the University of Michigan began tracking this metric monthly back in 1952. I find this remarkable. The economy is still growing even as growth has slowed notably from the fourth percent Markets Ignoring Consumers Misery Summary - Consumer sentiment is at historic lows despite continued, though slowing, economic growth and low unemployment rates.