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In Case Markets Needed More Good News, Here’s A Goldilocks Consumer Sentiment Report
Risk assets really didn't need another reason to cheer on Friday amid rampant trade optimism, but they got one anyway in the form of a "Goldilocks" University of Michigan sentiment report.
The preliminary print for October is 96.0. That's ahead of even the most optimistic estimate from 52 economists and represents a nice bounce from September's final read (93.2).
You'll recall that sentiment collapsed to a Trump-era low in August amid recession fears and trade balderdash (in fairness, "Trump-
