Tuesday, November 28, 2023

Consumer Confidence Surveys – As Of November 28, 2023

Advisor Perspectives had a post of November 28, 2023 (“Consumer Confidence Bounces Back After Three Straight Monthly Declines“) 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 102.0

University of Michigan Consumer Sentiment Index 61.3

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.

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 4556.84 as this post is written

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