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Weekly ABC Consumer Comfort Index Drop To lowest Since July; -50 Reading
The most recent weekly ABC consumer confidence index number is out, and at -50 it is the lowest reading in exactly 3 months. Surprisingly, consumers are not keeping their confidence in lockstep with the value of their burgeoning E-Trade accounts. What next is up the administration's sleeve is anybody's guess.
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How about candlesticks, who trades this thing?
I do. Candlesticks not required.
http://tinyurl.com/yf4zz9n
some ideas:
cash for confidence
cash for comfort
cash for christmas
cash for catheters
Cash for implants may be popular.........
cash for boobs...that's a feel good piece of legislation...
It would also kick start retail, with all the new outfits that would have to be purchased....
Everyones a winner :-)
I like the way you're thinking... (sorry ladies)
Not just the ladies... :-)
Aren't male implants (peck bi/tri ect) the fastest growing sector in that market?
Starfish -
I'm sure it would look good, but are you sure it would feel exactly right?
ooooh, turns out the administration has already beat me to the punch...just got the following text msg:
"DepartmentOfLabor Has LimitedYourBenefitsCard Starting with 511182. Call (405) 237-3821 ToReactivate."
thats bullshit!! i got the same text!
with the same card start numbers-511182
i don't have a benefit card!!!
i hate this shit!!!!!!!!
hopefully i won't get anymore of this crap
they probably want you to give them your SS#, name, adres etc etc-assholes-you know somevobdy out there will fall for it
i got the same thing!
same exact text with same card number-i don't have a card
this reeks of a skam
they probably want my social, address etc etc
i hate these pieces of shit
you know someone out there will fall for this
i can't stand the spam & hope i never get another of these because it's the 3rd one in 3 days-each more specific & with a different number to call
cash for a vote
That one doesn't matter, the MSM only likes the manipulat..I mean Michigan survey.
Exactly...don't usually see the ABC poll having as much effect on the market the Michingia BS index..
Although I have never been polled (here meaning been contacted about my inner feeling on anything - rather than had my 'horns' cut off, as cattlemen do and as someone should do to mountain hawk - just kidding!) everyone else has - so my turn must be coming up, I'll get a listed phone number and pop the sucker off the top with my 'gorge now' patter
The reason there is little optimism on Main Street is that there are a fewer folks in the market experiencing "euphoria" than we are led to believe.
I know anecdotal evidence means very little, but as a 20-something looking at a few hundred facebook friends (likewise middle to lower-middle class), I know for a fact that only 20-25% have any savings in the market (and most just nominally).
Anyways, I'm guessing that most of the talking heads and reporters have seen their accounts grow substantially and feel better for it -- and they report as if all of America has felt this lift. But for a very large population of credit consuming Generation Xers, the market movements mean nothing compared to jobs, hours, and benefits.
Those annoying lagging indicators. Stop polling them!
Looks like the $21 Trillion in overall injections/guarantees etc is wearing off. Those pesky numbers are beginning to roll over.
Been too quiet. Look out below.
i believe the next program rolled out by obamanation will be the cash for cache program. because there are so many right wing extremists to be dealt with, this is the ideal method of getting all those ak-47's and rpg's off the market.
RFID implants with face lifts, boob jobs and corporate abortions at tax payer expense, then a code red scapegoat to usher in the new world order final solution to peace and safety. Mahdi Husein U.N.-Security Council Nobel Peace Prize Putz will rule the nations.
The sawtooth pattern of the ABC survey reflected in your screen shot I think accurately reflects the almost whimsical nature of "consumer comfort." Monthly readings really do not reflect the future direction of the economy--up or down.
Still, if you're into trends, I think one would find a positive slope to the monthly reports over the timeframe in the screen shot. Still, I think the zigzag pattern (and consistently negative scores) don't really tell us much about the economy--then, now, or in the future.
Just sayin'.....