​Democrats’ Consumer Confidence Rebounded Post-Biden, Buying Conditions Crashed – Tyler Durden

Democrats’ Consumer Confidence Rebounded Post-Biden, Buying Conditions Crashed UMich sentiment survey shows that preliminary August data shows a small rebound in consumer confidence, driven entirely by hope, as Current Conditions tumbled to its lowest since Dec 2022… Source: Bloomberg Inflation expectations were flat in the flash August data. Source: Bloomberg Buying conditions continue to plunge overall with homes and durables at record lows while vehicles ticked up extremely modestly off record lows… Source: Bloomberg Finally, August saw confidence rebound for Democrats but tumble further for Republicans as Biden was ousted… Source: Bloomberg The survey shows that 41% of consumers believe…  — Continue at ZeroHedge News : Read More