Tuesday, 28 March 2017

Consumer Confidence Strongest Since December 2000: A Strong Contrarian Indicator?

MishTalk



Consumer Sentiment and Consumer Confidence are similar measures by two different organizations. The former is from the University of Michigan, the latter is by the Conference Board.
Consumer Confidence soared to 125.6 in March, up from 116.1 in February. This is the strongest reading in over 16 years.
Bloomberg Econoday cites the strength in both the current index and the expectations index, emphasis mine.

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