UMich ‘Hope’ Slides To 5-Month Lows As Inflation Fears Hit 4-Year Highs

Friday, June 29, 2018
By Paul Martin

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…

The Rest…HERE

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