Consumer Confidence Tumbles To 5-Month Lows As “Hope” Fades

by Tyler Durden
ZeroHedge.com
03/18/2016

But, but, but – low gas prices, high stock prices… everything is awesome. It appears not even the average joe American consumer is fooled by the latest manufactured rally in stock prices as UMich confidence tumbles to 5-month lows (90 vs 92.2 exp) with future expectations “hope” perfectly anti-correlated with the surge in stocks…

The Rest…HERE

This entry was posted on Friday, March 18th, 2016 at 11:20 am and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.