Two-Month Euphoria Ebbs In Inconclusive Consumer Sentiment Update

Consumer sentiment in the US edged higher in early February, the last of this week's macro data showed. The uptick on the University of Michigan's gauge counted as the third consecutive increase and came on the heels of outsized gains during the prior two months. The headline preliminary print for this month was 79.6. Consensus wanted 80. The range of guesses (sorry, "forecasts") was 74.2 to 85. The current conditions gauge was marginally lower in Friday's release and the expectations index sl

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One thought on “Two-Month Euphoria Ebbs In Inconclusive Consumer Sentiment Update”

Let’s see where consumer sentiment is if the Trump supporters in Congress push the US over the edge with no fiscal compromise. It’s just around the corner and not looking good.