Consumer Confidence Crumbles In Blow To Biden As Election Nears

Perceptions of the US economy darkened a third month in April pushing a key gauge of consumer moods to the lowest since summer of 2022, an update released on Tuesday showed. At 97, the headline print on the Conference Board's index missed estimates by a country mile. Consensus wanted 104. March's headline was revised lower. As the figure below shows, we're now perilously close to levels which prevailed during the turbulent months following the onset of the pandemic. Worryingly, the Expectat

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3 thoughts on “Consumer Confidence Crumbles In Blow To Biden As Election Nears”

Is that bear supposed to mimic Trump’s face or is this a rorschach test?

This on the same day that the markets didn’t like that people were making too much money. Significant or noise?

Biden’s chances look worst with each passing day and each new data point or poll released. Can anything really prevent the return of Trump to power? I have to believe headlines that the Don and his policy team are planning an ousting of Powell and divesting the Fed of its absolute authority to set monetary policy have been noticed at the Fed and Treasury, time us running out if there is anyone really conspiring to save our nation…