Tuesday, November 29, 2022

Consumer Confidence Surveys – As Of November 29, 2022

Advisor Perspectives had a post of November 29, 2022 (“Consumer Confidence Falls Again in November“) 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 100.2

University of Michigan Consumer Sentiment 56.8

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 3949.84 as this post is written

No comments:

Post a Comment