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Americans Fly Blind On Inflation. Unmoved By Bank Drama
If US consumers are worried about banking stress, it's not showing up in surveyed sentiment, or at least not in headline measures.
Consumer moods improved in early April, according to the preliminary read on University of Michigan sentiment, released on Friday.
At 63.5, the headline gauge beat estimates. The range, for whatever it's worth, was 57 to 65, from more than four-dozen highly-trained, professional guessers.
It goes without saying that sentiment is still subdued. No one is elated a
Airlines are booked like it’s 2019, Disney theme parks are rockin’, live music events are selling out and the Commanders are being sold for 6 billion! What me worry? Alfred E. Newman
I’ve often wondered who actually fills out all these surveys. I know I never do, and the last time I did I answered with all misleading answers because I was annoyed and being belligerent. Most intelligent people I know don’t waste time with surveys or polls either. Really makes me question the accuracy and validity of all these sentiment and expectation surveys.