Tuesday, June 28, 2022

Consumer Confidence Surveys – As Of June 28, 2022

Advisor Perspectives had a post of June 28, 2022 (“CB LEI: Falls Again in May“) that displays the latest Conference Board Consumer Confidence and University of Michigan Consumer Sentiment Index charts.  They are presented below:

(click on charts to enlarge images)

Conference Board Consumer Confidence 98.7

University of Michigan Consumer Sentiment Index 50.0

While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends to be notable, especially in light of a variety of other highly disconcerting measures highlighted throughout this site.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 3853.66 as this post is written

No comments:

Post a Comment