“Rich” Americans Confidence Crashes Most Since 2013

Thursday, May 5, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/05/2016

Despite equity prices soaring to within inches of all-time record highs, it appears ‘rich’ Americans are no longer impressed by The Fed’s handiwork. As Bloomberg’s Consumer Comfort index slumps to its weakest since Dec 2015, high-income (over $75k) Americans suffered their biggest plunge in confidence since October 2013 seemingly unable to revive their animal spirits as much as CFOs and their buybacks.

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