UMich ‘Hope’ Slides To 5-Month Lows As Inflation Fears Hit 4-Year Highs
by Tyler Durden
ZeroHedge.com
Fri, 06/29/2018
While Current Conditions surged back near cycle highs, ‘hope’ for the future slid to its lowest since January according to June’s final University of Michigan sentiment survey, leaving the headline print very modestly higher.
Notably after a few months of high-income disappointment (and low-income exuberance), June saw things flip as sentiment for the richest rose and poorest fell…
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