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Consumer Comfort Tumbles For Longest Streak In 18 Months

Tyler Durden's picture




 

Confirming Gallup's demise of the confidence of the consumer, Bloomberg's non-government-sanctioned Consumer Comfort index has now fallen for the 5th straight week - the longest streak of uncomfortableness since Nov 2013. The index is barely above unchanged for 2015 with people in The South and NorthEast feeling the misery the most in the last week (and rather oddly, only the 65+ age cohort saw an improvement - rising rates?).

 

 

Charts: Bloomberg

 

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Thu, 05/14/2015 - 10:06 | 6092854 StackShinyStuff
StackShinyStuff's picture

So that means stocks are probably...up?

Thu, 05/14/2015 - 10:13 | 6092886 VinceFostersGhost
VinceFostersGhost's picture

 

 

My shoeshine boy now has a newsletter.

 

He's doing it to supplement his 29.5 hr/wk job.

Thu, 05/14/2015 - 10:17 | 6092893 Dr. Engali
Dr. Engali's picture

My shoeshine boy now runs a hedge fund. Seems everybody but Cramer and Fartman can make "money" in this "market".

Thu, 05/14/2015 - 10:27 | 6092946 Serfs Up
Serfs Up's picture

It's easy!!  Just buy Stawks now!!  This """market""" is good for everybody!

/sarc off

Thu, 05/14/2015 - 11:26 | 6093240 KnuckleDragger-X
KnuckleDragger-X's picture

"Consumer comfort"??? Really? We're very deep into the make shit up and call it fact phase of our rolling disaster....

Thu, 05/14/2015 - 11:27 | 6093243 KnuckleDragger-X
KnuckleDragger-X's picture

server turd....

Thu, 05/14/2015 - 10:16 | 6092904 junction
junction's picture

One stock that is up is AOL, just bought by Verizon for $4.4 billion.  I have FiOS service, so eventually Verizon will be raising my bill in part to recover the billions it lost on buying AOL.  AOL CEO Tim Armstrong is well known for firing someone for taking a picture at a staff conference, for complaining about the medical costs of two employees with high insurance covered medical expenses for complicated pregnancies and for generally behaving like a sewer rat.  AOL had no future, its main source of income is still Internet subscriber fees.  Huffington Post does make money but AOL overpaid for it, a company that gets content for free from gullible bloggers.  Had Verizon waited 6 months, it could have bought AOL for half the price or less, when AOL's new advertising platform turns out to be a low income dud. 

Thu, 05/14/2015 - 10:30 | 6092957 astoriajoe
astoriajoe's picture

I quit verizon when they raised my rates to surveil me.

Thu, 05/14/2015 - 10:28 | 6092948 Butterflying
Butterflying's picture

My last pay check was $9500 working 12 hours a week online. My sisters friend has been averaging 15k for months now and she works about 20 hours a week. I can't believe how easy it was once I tried it out. This is what I do... www.jobs-review.com

Thu, 05/14/2015 - 10:06 | 6092856 This is it
This is it's picture

Consumers are uncomfortable.

Thu, 05/14/2015 - 10:08 | 6092865 Thisisbullishright
Thisisbullishright's picture

So a straight up moonshot at the open and then banging along a horizontal straight line all day??  Yep!!

This all looks completely normal and sound...

...as my UVXY continues to evaporate into nothing.  Up and vanished like a fart in the wind!!!!!

 

Thu, 05/14/2015 - 10:09 | 6092868 MFL8240
MFL8240's picture

Nothing that another 1000 points of air in the Dow cannot fix!

Thu, 05/14/2015 - 10:10 | 6092873 new game
new game's picture

comfort=bank acct balance, oh! now i get it...

Thu, 05/14/2015 - 10:11 | 6092875 Dr. Engali
Dr. Engali's picture

But falling gas prices where supposed to put trillions back into the CONsumer's pockets. At least that's what the teevee told me.

Thu, 05/14/2015 - 10:14 | 6092896 toady
toady's picture

They kinda  gave up on that meme. You know, "summer blend" and all....

Thu, 05/14/2015 - 10:15 | 6092899 heisenberg991
heisenberg991's picture

2.64 a gallon now for gas, fucking greedy bastards

Thu, 05/14/2015 - 13:53 | 6093817 SERReal1
SERReal1's picture

You are lucky. We are at $3.29 here in Reno, NV.

Thu, 05/14/2015 - 10:10 | 6092876 toady
toady's picture

Damn consumers

Thu, 05/14/2015 - 10:16 | 6092901 FreeShitter
FreeShitter's picture

Consumers being consumed.

Thu, 05/14/2015 - 10:20 | 6092921 blown income
blown income's picture

My comfort is if Idon't find a job by the end of the month , i'm maxing out cards and fuck it..Iwill find a place with a good school and if we have to live out of my truck than so be it ...my daughter deserves better ..

 

But I am just worn da fuck out and Iwil do my part to collapse the banks , ,my daughter will have to learn to adapt...this shit has to blow at some point...that point is near for me

 

 

Thu, 05/14/2015 - 10:36 | 6092985 BeaverCream
BeaverCream's picture

Get some student loans.

Thu, 05/14/2015 - 12:46 | 6093568 SERReal1
SERReal1's picture

But there should be no shortage of jobs for you since unemplyment dropped even more to 5.4%. Jobs are everywhere! Just listen to the news and they will tell you. /sarc.

Thu, 05/14/2015 - 10:43 | 6093019 Chuck Knoblauch
Chuck Knoblauch's picture

You're in a matrix that isn't real.

There are no consequences.

Thu, 05/14/2015 - 10:52 | 6093084 q99x2
q99x2's picture

Really my comfort seems to have gone up. Oh that's right I still have money from working last month. Strange that working should make humans feel better. Guess I'll have to test it out again and see if does the same thing twice in a row.

Thu, 05/14/2015 - 13:16 | 6093665 Son of Loki
Son of Loki's picture

Everyday Merikans simply need to drink more diet sodas:

 

Animal research13 published in the Journal of Toxicology and Environmental Health in 2008 also found that Splenda:

  • Reduces beneficial gut bacteria by 50 percent
  • Increases the pH level in the intestines
  • Affects a glycoprotein that can have crucial health effects, particularly if you're on certain medications as it can cause the rejection of drugs such as chemotherapy, AIDS treatments, and treatments for heart conditions
  • Is absorbed by fat (contrary to previous claims)

 

Diet Pepsi is getting an image overhaul, and as of August will no longer contain the artificial sweetener aspartame, PepsiCo. has announced.1,2

The decision came in response to dwindling sales, mirroring consumers' concerns about aspartame's health hazards, which includes research3,4,5,6,7,8 showing that aspartame is a multipotential carcinogenic agent.

It is clearly a move in the right direction and we have provided much of the impetus as our site comes up number two in Google for aspartame and many publications, like the LA Times,9 credit us for the increased awareness.

It's hardly a major victory, however, as the company plans on replacing aspartame with sucralose, aka Splenda.10,11

 

http://articles.mercola.com/sites/articles/archive/2015/05/14/artificial...

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