Consumer Confidence Surges, S&P Hits Goldman’s Year-End Target

US consumers are getting more confident by the month. Or at least according to The Conference Board's gauge. At 127.3, the headline print for June easily topped consensus, which was looking for 119.0. The range of estimates from five-dozen economists was 110 to 122. It was the fifth consecutive monthly gain (figure above). May's print was revised higher. Both the present situation and expectations gauges logged sizable increases. "Consumers' assessment of current conditions improved again,

Get the best daily market and macroeconomic commentary anywhere for less than $7 per month.

Subscribe today

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 thoughts on “Consumer Confidence Surges, S&P Hits Goldman’s Year-End Target

  1. I think you’ve basically got a bunch of optimism around removing mask mandates and going to visit relatives. I don’t think there’s massive amounts of cash waiting to get dumped into the market but people are expecting everything will just be good now anyway.

NEWSROOM crewneck & prints