• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Consumer Confidence Surges; Beats By Most On Record

Tyler Durden's picture


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...

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Fri, 12/06/2013 - 11:03 | 4221252 So Close
So Close's picture

The beatings will continue until morale improves.

Fri, 12/06/2013 - 11:10 | 4221273 HelluvaEngineer
HelluvaEngineer's picture

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.

Fri, 12/06/2013 - 11:13 | 4221287 PR Guy
PR Guy's picture

...and battle you will !!

Fri, 12/06/2013 - 11:37 | 4221371 wallstreetapost...
wallstreetaposteriori's picture

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.

Fri, 12/06/2013 - 11:10 | 4221276 Headbanger
Headbanger's picture

But then again, there's only a few dozen consumers left in the US to poll anyway!

Fri, 12/06/2013 - 11:12 | 4221290 Mark Urbo
Mark Urbo's picture

..confidence comes along just in time for the taper !



Fri, 12/06/2013 - 11:13 | 4221291 Crash Overide
Crash Overide's picture

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?

Fri, 12/06/2013 - 12:51 | 4221652 MillionDollarBogus_
MillionDollarBogus_'s picture


One important number missing from your list is the price of one bitcoin a year from now...

Fri, 12/06/2013 - 11:36 | 4221365 freewolf7
freewolf7's picture

Were the original Muppets this stupid?

Fri, 12/06/2013 - 11:42 | 4221389 Pooper Popper
Pooper Popper's picture

Fuck you obama and that nasty horse/vallerie jarret you rode in on!!!!!!!!!!!

Fri, 12/06/2013 - 13:39 | 4221889 Race Car Driver
Fri, 12/06/2013 - 11:05 | 4221253 Ness.
Ness.'s picture

My head hurts from all of the bullshit.

Fri, 12/06/2013 - 11:10 | 4221275 hedgeless_horseman
hedgeless_horseman's picture



You are not supposed to smoke it.

Fri, 12/06/2013 - 12:00 | 4221460 Colonel Klink
Colonel Klink's picture

Bullshit = Hopium

Everything the Liar in chief is blowing.

Fri, 12/06/2013 - 11:06 | 4221254 Terminus C
Terminus C's picture

This author must be Tyler's Canadian cousin, eh?

Fri, 12/06/2013 - 11:07 | 4221260 PR Guy
PR Guy's picture

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.


Fri, 12/06/2013 - 11:07 | 4221265 PR Guy
PR Guy's picture

Well, it's Friday afternoon where I'm sitting.

Fri, 12/06/2013 - 11:11 | 4221285 Headbanger
Headbanger's picture

Great!  You mean I can start drinking already!?

Fri, 12/06/2013 - 11:14 | 4221292 Mark Urbo
Mark Urbo's picture

I'll buy...

Fri, 12/06/2013 - 11:06 | 4221257 PR Guy
PR Guy's picture


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.


Fri, 12/06/2013 - 11:07 | 4221258 Cognitive Dissonance
Cognitive Dissonance's picture

I am quite confident that the UMich Confidence Report is a CON!

Fri, 12/06/2013 - 11:20 | 4221314 Crash Overide
Crash Overide's picture

They wouldn't fudge numbers right before Christmas would they?

Fri, 12/06/2013 - 11:28 | 4221342 GolfHatesMe
GolfHatesMe's picture

Holiday sales this year to include everything you were thinking about buying

Fri, 12/06/2013 - 11:34 | 4221353 Oldwood
Oldwood's picture

Prepaid funerals?

Fri, 12/06/2013 - 11:32 | 4221349 Oldwood
Oldwood's picture

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.

Fri, 12/06/2013 - 11:07 | 4221261 Tsar Pointless
Tsar Pointless's picture

Funny shit.

Fri, 12/06/2013 - 11:08 | 4221262 Son of Loki
Son of Loki's picture


Who are they polling? The people who stay home during the day watching Duck Dynasty reruns?

Fri, 12/06/2013 - 11:09 | 4221266 Silverhog
Silverhog's picture

This must be the Grosse Pointe, Michigan confidence report. 

Fri, 12/06/2013 - 11:09 | 4221267 Saratoga
Saratoga's picture

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.

Fri, 12/06/2013 - 11:11 | 4221280 Non Passaran
Non Passaran's picture

They're confident they will spend more... on shit they don't need (ObozoCare). 


Fri, 12/06/2013 - 11:10 | 4221270 Seasmoke
Seasmoke's picture


Fri, 12/06/2013 - 11:08 | 4221272 Max Damage
Max Damage's picture

Lots of shagging going on then, since noone can afford to go out

Fri, 12/06/2013 - 11:09 | 4221277 russwinter
russwinter's picture

Peak Bogus Economic Reports

Fri, 12/06/2013 - 11:11 | 4221289 kralizec
kralizec's picture

This is not the surge I felt...

Fri, 12/06/2013 - 11:14 | 4221293 q99x2
q99x2's picture

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.

Fri, 12/06/2013 - 11:16 | 4221300 Bosch
Bosch's picture

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."

Fri, 12/06/2013 - 11:24 | 4221320 falak pema
falak pema's picture

raging complacent bull! 

Promises for 2014 !

Fri, 12/06/2013 - 11:29 | 4221343 SmallerGovNow2
SmallerGovNow2's picture

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 !




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...

Fri, 12/06/2013 - 11:46 | 4221406 Oldwood
Oldwood's picture

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.

Fri, 12/06/2013 - 11:33 | 4221352 GrinandBearit
GrinandBearit's picture

Fairy tales can come true... it can happen to you

Fri, 12/06/2013 - 11:34 | 4221354 max2205
max2205's picture

Good news is always bad here on ZH

Fri, 12/06/2013 - 11:38 | 4221368 Yen Cross
Yen Cross's picture

     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!

Fri, 12/06/2013 - 11:47 | 4221396 Hunter S. Thompson
Hunter S. Thompson's picture

You mean the "We can buy more shit" indicator

Fri, 12/06/2013 - 11:47 | 4221398 crgTMT56
crgTMT56's picture

Thank you Herbalife for supplying jobs and giving consumers hope.....

Fri, 12/06/2013 - 11:54 | 4221435 crgTMT56
crgTMT56's picture

complete defiance.....on record.... being televised to the outside world: 



Fri, 12/06/2013 - 11:59 | 4221459 Brazen Heist
Brazen Heist's picture

Xmas is coming...

Someone forgot to do seasonal adjustment. 

Fri, 12/06/2013 - 12:05 | 4221475 Dre4dwolf
Dre4dwolf's picture

Boom before Bust.

Fri, 12/06/2013 - 12:07 | 4221479 RaceToTheBottom
RaceToTheBottom's picture


Fri, 12/06/2013 - 12:06 | 4221481 squid427
squid427's picture

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.

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