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!

Inflation Expectations Hit 41-Year-Highs As UMich Survey ‘Hope’ Fades During The Month

Courtesy of ZeroHedge View original post here.

After plunging to decade-lows, the final print for April's UMich sentiment was expected to confirm the preliminary 'rebound'. However, 'expectations' actually fell notably during the month from a preliminary 64.1 to a final 62.5 as hope faded during the month (but still up from February's 11 year low at 54.3). Currentr conditions actually improved further on the month from 68.0 prelim to 69.4 final. All of which lifted the headline UMich sentiment indicator

Source: Bloomberg

Buying Conditions slipped lower for vehicles, homes (a new record low), and large appliances…

Source: Bloomberg

“Prospects for personal finances improved in April, reversing last month’s negative balance of opinion.”

“Importantly, the gains were widely shared across income and age groups largely due to the notion that gas prices had peaked.”

And finally – and perhaps most notably – UMich's inflation expectations for next year rose to 5.4% – the highest since Oct 1981…

Source: Bloomberg

No breathing room for The Fed here.


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!