Bloomberg's Consumer Comfort Index dropped to its lowest since November having fallen 9 straight weeks (despite all that exuberant equity market hope). Under the covers the situation is even more worrisome as the US consumer propensity to 'buy' has crashed by the most since Lehman. The drop in high income earners' comfort continues to diverge from the new highs in stocks...
Overall Consumer Comfort has fallen 9 straight weeks...
[3]
As The Buying Climate collapses...
[4]
And even the rich have given up...
[5]
Charts: Bloomberg
