GreatScottTheMoon

University of Michigan Consumer sentiment index

Short
FRED:UMCSENT   University of Michigan: Consumer Sentiment
Personal notes of the leading economic indicator.

Any read below 60 is generally negative for the markets.
The last major read at this level was in the 08 fallout.
The most recent read is an all time low.
Incurs a Negative bias for the wider market.
However only a good read for durable goods.
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