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Consumer Confidence Plunge
Consumer Confidence Plunge
Source: Conference Board
Consumer Confidence: Worst on Record
Consumer Confidence: Worst on Record
bespokeinvest.typepad.com — Economists were expecting today's report on Consumer Confidence for February to come in at 35, which would have been the lowest level on record. The actual number however, came in much lower at a level of 25. Not only is this the lowest reading on ... (more) Consumer Confidence: Worst on Record
Video: Consumer confidence plummets to new low
marketnewslive.blogspot.com — Confidence in the economy sank to new lows in February as consumers grow more fearful over massive job cuts and shrinking retirement accounts. (more) Video: Consumer confidence plummets to new low
Consumer Confidence Hari Kari
247wallst.com — If you thought the Conference Board’s reading of consumer confidence was bad at 37.4 in January, you should see the carnage in February. Economists were expecting a mild decline from already-suppressed levels down to 35 to 36 depending upon ... (more) Consumer Confidence Hari Kari
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Wednesday links: lowered standards
Abnormal Returns — ... first, the financial sector or the housing market?”  (Real Time Economics) By some measures housing prices are nearing fair value, but inventories trump all at this point.  (Calculated Risk) Markets hate the uncertainty inherent in wildly variant political decision making.  (The Daily Beast) Consumer confidence has plunged.  (EconomPic Data, Bespoke) Zombie banks must ...

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