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UMich Consumer Confidence Holds Near 7-Year Highs
Confirming the preliminary print, UMich confidence for September's final priont was 84.6 (a small miss from expectations of 84.8). This is the highest since July 2013 and 2nd highest sicne August 2007. Once again, current conditions fell but the hope-strewn "outlook" rose surged. The spread between The Conference Board's exuberant confidence and UMich continues to widen...
7-year highs in confidence...
But less exuberant than Conference Board
Charts: Bloomberg
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This Consumer Confidence # actually has me feeling high! WFT?????
Can I join the UMich cult?
2000 Univ Mich students are very confident their student loans will be able to buy a 2nd iphone 6 after sitting on their first one.
100 is "neutral". We haven't been over 100 in.... over a decade, I think?
Sigh. Why do I keep pointing that out? I must have a mental fixation with this damned survey. I just can't stop doing it.
BREAKING....zerohedge and the tylers suppress an article by William Cohan about the manipulation of the silver market...WHY? Who do the tylers not want revealed in the bright light of day? it is being reported that the tylers were offered the article, however it appears the tylers choose to edit the article. Mr. Cohan would not alow that. What say the tylers and zerohedge?
Jesse's Cafe Americain has an explanation today. Cohan did not publish it due to his source not digging zerohedge. You get a net.kook kookie snack.
http://jessescrossroadscafe.blogspot.com/2014/09/mr-cohan-responds-on-hi...
disregard my post above. I completely went stupid and miss read the article in question. apologies to all. greyghost
I checked the chart for the last 50 years. It's only been over 100 in the late 90's and the mid-60's. It was "Normalized" to 100 in 1962. So, apparently "Normalized" is not the same as "neutral". Regardless, it's definitely below average, albeit trending upwardly.
Why is it that every time I look at the icon, I think it's a ski boot...? Must be a confirmation bias or something...
UM smokin krak.
Yes, based on the four university presidents and bankers that they suveyed...
Pretty sure they look at chicken entrails.
They must take this poll right about the first of the month.
Consumers are so confident that they will spend 100%, if not more, of their incomes. After all, one must eat, mustn't one?
Pink slime at $4.99/lb. #Winning
Gives me a warm fuzzy feeling... Everything is OK!
Well it can't get much worse in Michigan. Once you've reach bottom (or perceived bottom) one can only look up.
Grab a shovel.
Here's how to end the middle class slide.
No publicly traded corporation can buy back their own stock for 18 months after a mass layoff.
No publicly traded corporation that buys back their own stock can pay the top executive more than 100x the lowest paid employee.
If a publicy traded corporation borrows money to buy back stock, an equal amount must be borrowed and paid to employees as bonues or benefits the same tax year.
Yes - your points are all well & good, but... If an 'entity' posseses that kind of raw Power, do you think they would simply 'stop' after your (3) rules were put in place? Unfortunately, that's not how it works...
LBMA names Citigroup as gold, silver market maker
| Reuters
From one crook to another lol....
Consumer confidence remains high as the sheeple remain subdued.
Time to buy everything boys, (sell gold) load the boat!
The bottom is in and new highs are a given.
Why sell here if you can just wait and sell for more next year?
Have to keep pushing that "hopium" and convince the sheeple to buy, buy, buy.
What? Me worry?
It is mind numbing how stupid the sheep are!
Not really... After all, they're 'sheep' as you point out. That is why it only takes one well trained Border Collie to 'herd' a flock of sheep. Border Collie in this case is proxy for a government apparatus... Think: Roadside check point. SWAT team, etc.
I wonder if iBend had anything to do with this?
smells like bullshit
like everything else around here including you too yellen!!!!