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Fed Faith Falters As Consumer Comfort Plunges To 13-Month Lows
Low gas prices? High stock prices? Fed confidence in the economy? Fuhgetaboutit... Bloomberg's Consumer Comfort Index just crashed to its lowest since November 16th. It seems the confidence in the fact that The Fed ended QE3 was entirely misplaced after all...
Charts: Bloomberg
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Consumers are fucking broke. (ethically, morally, financially etc.) The world needs more producers of real god and services and less useless fucking paper-pushers and less useless eaters...
time to thin the herd.
If you work for .gov, things are great.
The poor have .gov check every month and free healthcare.
Those 2 groups never had it so good.
There is a job opening for environmental health specialist in San Bernardino, CA. Tell them Zero Hedge sent you.
I remember my parents and grandparents talking about the great depression, soon to be known as the golden age.....
If you think 2015 is ugly, wait till 2016 should be a doozy.
No kidding.........and they haven't event gotten WW III started yet.
Get your seat belt on, it's going to be a bumpy ride for the next few years.
CONsumers are coming to grips with the reality that the country is slipping into a third world banana republic shithole.
All 1oz Silver coins are €12 @ EurGold
https://www.eurgold.eu/silver/silver-coins/
We have become a society of the Dupes of Hazard for sure. The fact that Bloomberg even has to quantitate this is somewhat proof I think when it comes to everyone thinking everything needs a score.
Excess Scoring in every nook and cranny in the US is what keeps inequality rolling as once you are a bot in a spreadsheet, you have already been judged, profiled and there's just about no escape.
http://ducknetweb.blogspot.com/2015/09/excess-scoring-of-us-consumers-us.html
Even losers get a trophy. Not when I was a kid. We earned those trophies. Losers maybe got a ribbon and see you next year.
What meaning does today's scoring have? Maybe just to give pundits who produce nothing something to talk about and interpret because we are too stupid to figure it out on our own. They need to justify that expensive education somehow.
Like the Consumer has a fucking clue about anything.
Remember when people where called citizens or voters?
Consumer = useless eater.
I'd expect more sense from my anal fissure than from a consumer.
These are the same "people" that voted the magic negro crack whore in for a SECOND term.
Always remember that the average person - and lets give them some credit here - is a complete fuck stain who can't even tell you how the toaster works.
A sobering thought.
The REAL clueless fucks are those who think that voting for Tweedle Dee over Tweedle Dum will make one turd of difference.
Consumer confidence...wait till January 2016...oooweeee !
Betcha won't be able to count the store bankruptcies and store closures, there'll be soooo many. Not to mention maxed out holiday fucktards who maxed out their cards and smashed their piggy banks.