« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Consumer Confidence Plummets To May 1980 Level

By: capt_nemo in WRGO | Recommend this post (0)
Fri, 12 Aug 11 6:26 PM | 36 view(s)
Boardmark this board | Reality news,,,,,,,,
Msg. 00900 of 18626
Jump:
Jump to board:
Jump to msg. #

What a miss,,,,,,,,,,,Aug 12 9:55 AM Mich Sentiment Aug 54.9 62.5 63.7

Submitted by Tyler Durden on 08/12/2011 - 09:59

UMichigan consumer confidence just printed at 54.9, on expectations of 63.0. This is the lowest since May 1980. And what's worse, inflation expectations were unchanged. Looks like those high inflation expectations are starting to get anchored. In the meantime, with the Chairsatan saying to expect at least two more years of recession, is this really a surprise to anyone?

* Tweet!
* Comments: 97
* New Comments:

http://www.zerohedge.com/news/consumer-confidence-plummets-may-1980-level




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next