In an article for MarketWatch, economist Nouriel Roubini said our future is being imperiled by a host of “megathreats,” including high inflation and interest rates, deglobalization, war risks, climate change, pandemics and deadlier weapons.
The article pointed to a backlash against democratic capitalism and the rise of populist, authoritarian and militaristic extremists on both the right and the left. It said there is “widespread agreement that we are facing unprecedented, unusual and unexpected levels of uncertainty.”
According to the January 2018 issue of The Socionomist, investors and market observers tend to perceive the stock market and the economy’s future to be less certain during periods of negatively trending social mood.
The conventional view is that negative events cause uncertainty, which then leads to downturns in stocks. Socionomists note that negative mood impels stock prices to decrease and expressions of uncertainty to increase; and an increase in negative events usually follows. To learn more read “Socionomists Are Increasingly Certain About Uncertainty.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.