Despite Gallup's poll showing consumer confidence going nowhere this year [4], and Bloomberg's consumer comfort level for high-income earners collapsing [5], the government's UMich Consumer Sentiment measure has soared to its highest since last July's exuberance (at 84.6). Take your pick which data you trust...
UMich beats and surges to 15-month highs...
totally ignoring other data...
Charts: Bloomberg


