Advisor Perspectives had a post of June 28, 2024 (“Two Measures Of Consumer Attitudes: June 2024“) 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 Index 100.4](https://www.economicgreenfield.com/wp-content/uploads/2024/06/Dshort-6-28-24-Conference-Board-Consumer-Confidence-Index-100.4-1024x743.png)
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![University of Michigan Consumer Sentiment Index 68.2](https://www.economicgreenfield.com/wp-content/uploads/2024/06/Dshort-6-28-24-Michigan-Consumer-Sentiment-68.2-1024x743.png)
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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 5482.28 as this post is written
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