This page has been archived and commenting is disabled.
Consumer Confidence Surges; Beats By Most On Record
Of course, why not. University of Michigan Consumer Confidence jumped from 75.1 to a preliminary 82.5 beating expectations by the most on record. While we remain below the July 2013 highs, current conditions soared to the highest since May and the economic outlook spiked to the highest since August. This is the biggest absolute improvement in current conditions since December 2008.... and that ended well eh?
The last time current conditions jumped this much... it didn't end well...

- 8283 reads
- Printer-friendly version
- Send to friend
- advertisements -



The beatings will continue until morale improves.
Well speaking for myself, now that the Obamacare website is "fixed", I feel much more confident about doing battle at Wal-Mart for all those door buster deals.
...and battle you will !!
My consumer confidence is plunging... I have no confidence the sheeple will be able to pay for all this shit they keep buying on credit with the intention of having tax payers flip the bill. Awesome.... I better get saving for when my taxes go the fuck up again.
But then again, there's only a few dozen consumers left in the US to poll anyway!
..confidence comes along just in time for the taper !
Here are my "confidence" numbers:
Underemployment: 25%
Unemployment: 14%
Inflation: 7%
Benefit recipients: 100 million+
Government debt: TRILLIONS!!!
Everything is getting even worse as each day passes so what's the score here again?
Crash,
One important number missing from your list is the price of one bitcoin a year from now...
Were the original Muppets this stupid?
Fuck you obama and that nasty horse/vallerie jarret you rode in on!!!!!!!!!!!
In other, slightly older news:
U.S. Repeals Propaganda Ban, Spreads Government-Made News to AmericansMy head hurts from all of the bullshit.
You are not supposed to smoke it.
Bullshit = Hopium
Everything the Liar in chief is blowing.
This author must be Tyler's Canadian cousin, eh?
Sorry I meant to post just this
In Here's some Friday afternoon fun for you - Death tells us about his hobby - Nelson Mandela will undoubtedly be talking to Death today too.
http://www.youtube.com/watch?v=VTD4zBKbX7Q
Well, it's Friday afternoon where I'm sitting.
Great! You mean I can start drinking already!?
I'll buy...
In Ireland, they count 16yo's in the employed figures but exclude them from the unemployed figures as part of the whitewash. They also forget to mention all the 'self employed' who haven't found any work in months and are part of the 20% who have defaulted on their mortgages (higher figure than that on the buy to let defaults), the huge numbers who have left the country, the huge numbers who have stayed in full time eduction/gone back to it, etc. etc. Then they crow because the official unemployment figure has come down to 13% - you couldn't make it up (er, actually, they do make it up).
Here's some Friday afternoon fun for you - Death tells us about his hobby - Nelson Mandela will undoubtedly be talking to Death today too.
http://www.youtube.com/watch?v=VTD4zBKbX7Q
I am quite confident that the UMich Confidence Report is a CON!
They wouldn't fudge numbers right before Christmas would they?
Holiday sales this year to include everything you were thinking about buying
Prepaid funerals?
I'm as confident as I have ever been that we will see the biggest shit storm in this nation's history in my lifetime, and I'm 60 and slightly suicidal. Hey, everyone has a hedge.
Funny shit.
Unpossible!
Who are they polling? The people who stay home during the day watching Duck Dynasty reruns?
This must be the Grosse Pointe, Michigan confidence report.
So all those people who received notication that their health insurance has been cancelled and now must pay at least 50% more are confident. Idon't think so.
They're confident they will spend more... on shit they don't need (ObozoCare).
Bullshitish!
INCONCEIVABLE !
Lots of shagging going on then, since noone can afford to go out
Peak Bogus Economic Reports
This is not the surge I felt...
I once heard Walter Cronkite mention that Ann Arbor had the highest drug use per capita out of any city in the United States. The town I grew up in was second.
Apparently the conversation between Obama and Mrs. Boris Yelstin went something like this:
Ms Yeltsin: "OK, I'll take the job but you gotta do something to get me the fuck out of tapering."
0bama: Stares blankly at his blackberry
Ms Yeltsin: "You know, just make some shit up like you did with the employment #'s last October."
raging complacent bull!
Promises for 2014 !
OT but wanted to share with my fellow ZH'rs...
RARE NEWS VIDEO: 1932 - young Patton, young Eisenhower, young MacArthur, Pres.Hoover, Walter Winchell reporting. I don't recall this from any history classes. Do you think our military, acting on orders from a broken federal gov't, will NOT march against our own citizens?? Think what you want to, but THIS DID HAPPEN only a couple of generations ago. Hard to believe but it was only 80 years ago !
http://www.youtube.com/watch_popup?feature=player_embedded&v=sNOsIB5VMSQ
Will leave you truly speechless. Anyone ever heard of this? I've been a life long study of military history and this is the first i've heard of it...
The reason so few are brave is because bravery so seldom seems to pay off. We are left to die for our principles, like anyone else gives a shit.
Fairy tales can come true... it can happen to you
Good news is always bad here on ZH
Do the survey takers sit around a camp fire and eat peyote buttons and scratch numbers in the dirt to come up with these figures? JFC who in their right mind believes this shit!
You mean the "We can buy more shit" indicator
Thank you Herbalife for supplying jobs and giving consumers hope.....
http://press.sca.isr.umich.edu/press/about_survey
complete defiance.....on record.... being televised to the outside world:
http://www.valuewalk.com/2013/12/jeff-saut-bears-dont-much-time-video/
Xmas is coming...
Someone forgot to do seasonal adjustment.
Boom before Bust.
Speechless
Unemployment is down to 7%, consumer confidence is up, the aca website is fixed, and if you don't believe me just ask Jay carney. He's a very honest guy.
Given the fact that gold, LIBOR, stocks, bonds and exchange rates are being openly manipulated, why the fuck wouldn't statistics?
in order to be part of the survey you have to own a summer home in the Hamptons.
Consumer Confidence Surges!
And in other Breaking News...
Our Heroic Military continues to score glorious victories over rabble enemy forces in Eastasia... our Supreme Leader says some troops might even be home for The People's Winter Festival!
The Fed itself sees a bubble.
https://www.youtube.com/watch?v=RYcG0uXppQM&t=14m10s
And the largesse causing the latest
bubbles predictably leads to the up
sentiment.
It's every well intended person's
desire to see up sentiments, but from
democratic process, not deceptive ones
serving covering up the buying of
a mortgage bubble and the purchasing
of adversity with the public's funds.
But obviously economics dictates the
better sentiment itself becomes a
bullish force for itself. It CAN
improve velocity.
It becomes I screwed you but
you're O.K. with it now?
Except the false activities of failed
corrupt investment firms are analogous
to the misleading indications of the
likes of this
http://www.zerohedge.com/news/2013-12-06/real-us-unemployment-rate-115
and this, presumably nothing wrongful
intended by anyone, but naturally
relied on by friends of TBTF.
http://pages.citebite.com/d1i8e3n1t3rpv
With Case Shiller,
http://pages.citebite.com/o2c0d2e1j0mlb
Simply Selling Yugos And
BMW's One Week, Just
BMW's The Next.
Mtg Apps Plunge
http://www.cnbc.com/id/101025316
Homebuilder Confidence Pause
http://www.cnbc.com/id/101040159
Signs Of Supply Wave
http://mhanson.com/archives/1419
Keeping The 'Recovery'
Dream Alive; 3 Big Banks Halt
Foreclosures In May
Zerohedge, 5/28/2013
"44% of Homeowners With a
Mortgage Can't Sell"
Shanthi Bharatwaj, Zillow, 5/24/2013
http://www.thestreet.com/story/11933280/1/44-of-homeowners-with-a-mortga...
http://pages.citebite.com/c1e7w0g5t0rar
"Biggest May Collapse" In
Mortgage Apps Since The
Financial Crisis Broke
http://www.zerohedge.com/news/2013-05-22/mortgage-applications-have-bigg...
http://www.zerohedge.com/news/2013-05-21/housing-unrecovery-here-lumber-...
Keeping The 'Recovery' Dream Alive; 3 Big Banks Halt Foreclosures In May
http://www.zerohedge.com/news/2013-05-28/keeping-recovery-dream-alive-3-...
With Shadow Inventory
Like This,
http://www.keithjurow.com/excerpt-from-5th-issue/
Who Needs
Residential Shadow
Inventory?
By far the most stunning oddity
going on is how a public can be
convinced of raging recovery at
the very same time we're in
QE to maybe infinity ?!
Time to move back to Detroit!!!!
Let's roll everyone!!!!!
Proof that propganda works!