Here are four charts reflecting confidence from the SentimenTrader.com site. They provide a longer-term historical timeframe, which I have found to be rare.
Here are the charts. Each is plotted vs. the S&P500:
Conference Board Consumer Confidence, last updated 4/27/10:
University of Michigan Consumer Confidence, last updated 4/16/10:
ABC News Consumer Comfort Index, last updated 4/16/10:
NFIB Small Business Optimism, last updated 4/16/10:
The above NFIB chart is particularly useful in conjunction with the April 15 post that discussed the latest NFIB results.
The four above charts certainly seem to indicate that "this time is different" - at least from the perspective of "confidence."
SPX at 1205.20 as this post is written
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