Not-So-Great Expectations

Oddly enough, US consumers are trepidatious again. Confidence among American households deteriorated in December, according to the Conference Board's measure, which missed estimates badly in this week's only notable US macro release. The headline gauge printed just 104.7, a mile below the 113.2 consensus and the largest month-to-month decline since August of 2021. As the figure shows, the drop all but erased the two-month bump which pushed the headline to the high-end of the range that's he

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One thought on “Not-So-Great Expectations

  1. After this last fiasco in the House and threatening millions of employees with no Christmas checks – I know they should have money tucked aside, BUT… And then the Panama Canal and Greenland. Is this like the Japanese Co-prosperity Sphere? Trump is paranoid and Musk thinks he understands politics. My outlook for the future is 65, plus or minus 10. I actually still own a share or two – my bad.

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