Back in the real world where there is an economy and people worry about jobs and such, morale plummets.
But, then, as ZeroHege notes:
… it is hardly a surprise that UMich consumer confidence slumped to its lowest since January having fallen 3 months in a row. This is the 2nd monthly miss in a row - and biggest 3-month drop in 25 months
What, after all, has transpired lately to inspire confidence?