This page has been archived and commenting is disabled.
Consumer Confidence Surges To January Cycle Highs (Near 11 Year Highs)
UMich consumer sentiment spiked from 90.7 to 96.1 (well above the 94.6 preliminary print) just shy of 2015 highs (which are also the highest since 2004). The spike is driven by a surge in "Current Conditions" as hope for the future rose only modestly as inflation expectations dropped. However, notably fewer people see now as a good time to buy a house. We assume UMich survey respondents are "invested" in stocks since higher gas prices and lower affordability in housing seemed to weigh Gallup's economic confidence down to its lowest since 2014.
"We're loving it!!"
Unemployment rocks!!!
Charts: Bloomberg
- 4713 reads
- Printer-friendly version
- Send to friend
- advertisements -




Circus!
Of course the consumers are confident. That's what makes them mindless consumers.
These numbers, however, are of course less-than-worthless lies.
I guess that i just hang around a different crowd.
CONsumer CONfidence ... just another wreckovery con game ...
For whom, exactly, does UMICH work?
Count da contracts (.gov, .mil, .etc, + .corp derivatives).
mysteriously, all the calls were made to wall st
Meanwhile here in sodom and gomorrah faggots all over the land are cheering that they can now lawfully claim 50% of the ass-ets of their significant puffer.
Up next, the confederate flag.
Welcome to wonderland alice
So the numbers represent confidence in what?
They surveyed the EBT Sec 8 free shit army and hung up on all others.
Confidence that this country is falling apart at the seams.
Well, that's confidence in a sure thing.......
Obama care upheld free insurance for all respondents.
Free Beer Tomorrow!
survey respondents...i doubt these are real.
care to let the public know their contact information, so we can confirm their "optimism". why not?
it's a reuters poll now...enough said.
That's the thing, who, what, where and how determines the quality of the poll, but they pour their secret sauce 'adjustments' on top. A shit sandwich with chocolate on top......
Your credibility is at an all time gutter draging low.
No one out-bears me!
The 1987 model applied to today:
http://deflationland.blogspot.com/2015/06/does-1987-have-any-lessons-for...
China and the TPP could be the kick off to a broad based disinflation.
Talk about "follow the yellow brick road." Gold is melting as "paper covers rock."
Gold price/discovery/market honesty, etc., in Western markets is essentially meaningless at this point --- and will remain so until China states otherwise.
Adjusted for residualnessness to remove latent lowerish confidence-ness.
dup
This is surreal, dreamlike. can these umich people keep a straight face?
well gee um ya, we need to see, ya know, some further evidence of, ya know, improvement and stuff, before we, um, embark on a, ya know, rate increase, cuz, um, its, ya know, better and stuff.
-the fed
quick question...if these polls were found out to be rigged, would these guys go to jail for fraud with intent to manipulate markets or a petty fine would do?
No but if you're found with residue of a certain type of plant material in your car you sure will.
Buy that dream home. Obama will rewrite zoning laws to build 8 section housing rat holes to lower community housing reselling values.
Joseph Goebbels would be proud of this poll.
I'm sure the Con-gress critters confidence is now at all time highs now that they screwed America once again with nary a whimper from We the People. Boner alone made over 5 million for his act of treason.
These thieves are by far out classing Judas who only got a mere 30 pieces of silver for his treason.... Only difference is Judas had a conscience. He returned the silver and hung himself.
Judas was scorned through history for his treason while we dutifully re-elect our batch of treasonous crooks, over and over and over and over and...
The Custumor is always right.
Since poor people don't matter it seems reasonable.
UMich: Hi this is UMich, how are you feeling?
Landline Granny: Well my grandson just graduated.
UMich: Marking you down as confident.
The dangerous aspect of this surreality is that when an event does arrive, there will be little warning. And it cascades from there to policy meltdown -- economically, socially and perhaps militarily. A cornered rabid animal in other words.
Surging consumer confidence? Really? 51% of Americans are in very poor financial shape.
According to a recent survey, 29% of Americans have NO emergency savings. Another 22% could get by for less than 3 months on their savings.
Maybe their confidence comes from the fact they can STILL BUY a new car or a house with next to nothing down.
Debt increases confidence? Maybe in the new Amerika - for a few more months.