US Consumer Sentiment Declines for First Time in Six Months

Elon Musk told Americans he and co-President Donny boy are going to cause hardship to Americans… sounds like it’s starting.

 

Only the weak would see that it’s funny.
The policies of conservatives project confidence.
The libbie policies make people feel helpless.
You’re missing the point as usual.

 

There, fixed it for ya.

 

Only a libbie would spend time and money fixing something that isn’t broken.
Predictably

 

Lighten up dude - can't take a joke?!
Go watch some sports or something.

 

You broke internet persona.
I’ve not seen that side.
My bad.

 

lots of numbers being reported this week...will the fed hold steady or bump it up a quarter point?

Weekly Markets Planner: Economics Calendar, Company Earnings, Investor Relations Events | Morningstar

from the Dec 23 press release

The Conference Board Consumer Confidence Index® declined by 8.1 points in December to 104.7 (1985=100). The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—fell 1.2 points to 140.2. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—tumbled 12.6 points to 81.1, just above the threshold of 80 that usually signals a recession ahead. The cutoff date for preliminary results was December 16, 2024.

“The recent rebound in consumer confidence was not sustained in December as the Index dropped back to the middle of the range that has prevailed over the past two years,” said Dana M. Peterson, Chief Economist at The Conference Board. “While weaker consumer assessments of the present situation and expectations contributed to the decline, the expectations component saw the sharpest drop. Consumer views of current labor market conditions continued to improve, consistent with recent jobs and unemployment data, but their assessment of business conditions weakened. Compared to last month, consumers in December were substantially less optimistic about future business conditions and incomes. Moreover, pessimism about future employment prospects returned after cautious optimism prevailed in October and November.”