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!

Americans’ Confidence “Expectations” Tumble To 2019 Lows

Courtesy of ZeroHedge View original post here.

In August, Americans were the most confident about the current situation since November 2000 (as expectations for the future dipped), but headline confidence was expected to slide in September and did, far more than expected:

  • Headline consumer confidence fell to 125.1 vs 133.0 last month

  • Present situation confidence fell to 169.0 vs 176.0 last month

  • Consumer confidence expectations fell to 95.8 vs 106.4 last month

This is the biggest drop in 'expectations' since Dec 2018 as stocks plummeted.

Source: Bloomberg

The Labor Differential indicator dipped (after exploding higher in August back near record highs).

All age cohorts saw confidence slide, but higher income Americans confidence dropped notably as lower incomes rose modestly.

Buying plans weakened for homes, cars, and large appliances.

However, this level of decoupling between savings and confidence has historically not ended well…

Source: Bloomberg

Still, as long as The Fed and Trump can keep jawboning stocks near recorder and recorder highs, what could go wrong?

 


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!