UMich Sentiment Soars As Economic Optimism Hits 14 Year High

Led by a jump in both current conditions and consumer expectations, University of Michigan’s Sentiment Survey jumped from 96.2 to 100.8, handily beating expectations of a 96.6 print, and the second highest level since 2004-only behind the March 2018 reading of 101.4. A snapshot of…

Breaking: 1 Million Muslims Rounded Up and Put in Detention Camps

Did they go too far? China views Islam as a threat to its traditional values. It’s a sentiment shared by many in the Democratic and Christian West. But China’s approach to countering the threat has been very different from what we’ve seen from most of…

Instant Justice: Man Who Destroyed Trump’s Hollywood Star W/ Pickaxe Not Laughing Now

Before entering the world of politics, President Donald Trump was honored with the sentiment of having his own star placed on the famous Hollywood Walk of Fame in 2007, mainly due to his time working as a producer of the Miss Universe pageant. We all…

UMich Sentiment Slumps To 11-Month Lows As ‘Spending Plans’ Plunge

Led by a collapse in Americans’ views of the current situation, University of Michigan’s Sentiment Survey dropped to 11-month lows, dramatically missing expectations for a rise. Sentiment index decreased to 95.3 (est. 98) from prior month’s 97.9; lowest since Sept., below all analyst estimates Current conditions gauge,…

UMich Sentiment Slumps To 6-Month Lows As Tariff Fears Soar

After hope fell in June, preliminary University of Michigan sentiment data for July showed a drop in ‘current expectations’ which sent the headline lower, from 98.2 to 97.1, well below expectations – its lowest since Jan 2018. Inflation expectations (short- and medium-term) fell in July….

UMich Sentiment Slumps Near 2018 Lows As Income Expectations Tumble

Preliminary data for May’s UMich sentiment survey showed a tumble in current conditions (and small rise in hope) but the final data showed both sliding notably intra-month with the headline sentiment index at its lowest since January. Headline Sentiment slipped from 98.8 prelim to 98.0…

UMich Sentiment Flat As Stock Market Confidence Hits 13-Month Lows

After slipping in April, May’s preliminary University of Michigan sentiment survey was flat at 98.8 (as hope rose and current conditions slipped). Current Conditions dropped from 114.9 to 113.3 Expectations ‘hope’ rose from 88.4 to 89.5. The headline index was unchanged… What is likely to…

S&P Futures Hit Session HIghs Ahead Of The Fed, As Dollar Surge Fizzles

As Asian and European traders return from holiday, sentiment is generally risk on, with Asia mixed and European markets and US equity futures in the green, rallying from the open as the DAX outperforms, the mining sector is well supported thanks to a metals rally…

“As Good As It Gets?”: Confidence Dips As Consumers Begin To Question The “Long Expansion”

President Trump will be generally happy with the latest UMichigan Consumer Sentiment Index, which dipped modestly from 101.4, a 14 year high, to 98.8, which however was better than the 98.0 expected, and improved slightly in the 2nd half of the month, shrinking the small…

Stock Rally Enters 3rd Day Despite Inflation Misses, As Traders Search For Next Catalyst

While the general risk-on sentiment across global markets persisted for a third day amid sliding volatility, the rally appears to have lost some steam with Dow futures lagging after last night’s disappointing IBM revenues, which in turn may have capped the S&P ramp that started…