​Dems Lose Faith As UMich Sentiment Expectations Dip In October – Tyler Durden

Dems Lose Faith As UMich Sentiment Expectations Dip In October The final data for the UMich Sentiment survey in October surprised bigly to the upside (70.5 vs 69.0 exp vs 70.1 prior), notably above the 68.9 preliminary print as both current conditions and expectations sub-indexes both jumped significantly from their flash prints (but the latter dipped on a MoM basis)… Source: Bloomberg Inflation expectations tumbled to 2.7%… Source: Bloomberg …more or less in line with the general trend from the Conference Board’s inflation expectations… Source: Bloomberg The upcoming election looms large over consumer expectations. Overall, the share of consumers expecting…  — Continue at ZeroHedge News : Read More