Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

UMich Confidence At 14 Year High As ‘Rich’ Lose Faith, ‘Poor’ Love Trump’s Policies

Courtesy of ZeroHedge. View original post here.

UMich Sentiment slid from its earlier flash print, but at 102.0 was the highest since April 2004.

Notably, 'current conditions' hit a new record high, while hope dipped a little…

Most notably, as UMich's Curtin points out, all of the March gain in the Sentiment Index was among households with incomes in the bottom third (+14.1); those in the middle third were unchanged, while the Index fell among households in the top third (-5.6)

"Households with incomes in the top third cited significantly greater concerns with government economic policies than last month, especially trade policies, with net references falling from +31 to just +1, offsetting their positive reactions to tax policies"

Recent financial progress was reported by 57% of all households in March, which tied the 1998 all-time peak since the Michigan survey first began in 1946.

Income gains were cited by 46%, the highest level since 2000, and rising home values were cited by 62%.

While six-in-ten consumers reported that the overall economy had recently improved, half as many anticipated additional gains in the pace of economic growth during the year ahead.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!