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CEO 'Post-Weather' Optimism Collapses To 5-Month Lows
Sentiment among CEOs, based on Bloomberg's excellent Orange Book index of their executive comments, had reached 14 month high levels in mid-April as everyone was optimistic about a post-weather pent-up-demand bounce in everything from car-buying to burger-flipping. As Bloomberg's Rich Yamarone notes, optimism was the most widespread in the housing, automotive and transportation industries.
The last week has seen the ugly reality hit home as Sentiment collapsed at its fastest pace since the government shutdown and dropped to 5-month lows. Common pessimistic issues include: unfavorable currency exchange rates, higher-priced food and uncertainties in Russia and Ukraine.
Charts: Bloomberg
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No worries. They will bonus themselves more anyway. They deserve it, facing all of those economic headwinds and all.
We should have thought about that before we went to war.
Whether or not it was the weather or not will still be whether the Fed will react to the weather, wither weather developments.
...if you feel like your parades getting rained upon, you're probably correct... but remember, there's always room for Jello, whether or not...
I'm optimistic there will be more optimism soon.
Did you just produce bullshit fission on your own?
Yeah, with a glass of wine (or two) I'm a self sustaining bullshit reactor. Just ask my wife.
Human Pinatas' INc.
"You think you're going to a beautiful "candle lit dinner", and then you're getting your head bashed in."
email.banksters/ru> for directions
unfavorable currency exchange rates
Fuck the FED
The moar QE that went to the Banks because they were to Big To Fail, the more been give control....and the middle class disappeared giving more wealth the the top .1 percentage which is ( non Productive) .
The Circle of Life is not what we envisioned, maybe time to circle the wagons, trap the Bastards, and force a change. Take back the Government , make it for the people by the People......
That is what is needed......Make the people that are in positions of trust.....accountable. Take away the financial control from the Central Bankers , Bankers and from the Government systems they control for their Profits.
Rebuild the Country....................To a standing where Polticians answer to Mainstreet......Corporate USA failed us all. :0).......................Don't go to War for Lies.