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Consumer Blinks as "Consumer Comfort" Collapses Most In 4 Years

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 17 May 12 6:10 PM | 100 view(s)
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Now here's a REAL reaction, to REAL news haaaaaaaaaaaaaaa

Uploaded Image Algos stepped in real fast. Can't have tooooooooooo much reality in 5 minutes time LMAO at this scam.........

Submitted by Tyler Durden on 05/17/2012 10:05 -0400

Reality

We have seen three very loud and very clear messages this week on the state of the US consumer's mind. After a few months of extravagance, on the back of what can only be described as depression-fatigue, reality is biting once again. The Bloomberg Consumer Comfort index just missed expectations by its greatest amount in three years and has plunged over the last 5 weeks by the most in four years - dropping back to four-month lows. Do these two messages explain the catastrophe that is JCP's results this quarter? We suspect so as the outlook for the economy (sub-index) has plummeted by the most in 14 months - once again echoing the last two years and the end of the central-bank easing periods exposing the sad reality beneath.

Bloomberg's Consumer Comfort Index missed expectations by the most in 3 years...

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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.




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