What do people have to be 'uncomfortable' about?!! Stock markets around the world are at record highs... real wages just jumped by the most MoM since 2008... So why oh why did Bloomberg's Consumer Comfort Index plunge to its lowest of the year, falling by the most since May 2014? Perhaps, just perhaps, the market is a red herring... distracting the plebeians from the reality of the economy? Not encouraging for The Fed, we suspect... Furthermore, across every cohort from age to income to sex to political bias, everything got worse... Chart: Bloomberg