Menu
Sister Sites

  • US Consumer Confidence Declined Again in February

    From prnewswire.com

    The Conference Board Consumer Confidence Index® decreased in February for the second consecutive month. The Index now stands at 102.9 (1985=100), down from 106.0 in January (a downward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 152.8 (1985=100) from 151.1 last month. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—fell further to 69.7 (1985=100) from a downwardly revised 76.0 in January. Notably, the Expectations Index has now fallen well below 80—the level ... (full story)

The writing is on the wall for the dollar, the tide is changing.
"US Consumer Confidence Declined Again in February..." Just more bullshit and here is why.....

Most consumers are living on less than they ever have been! And it has been getting worse and worse, month by month, for quite some time already!!!!!!!!

These lazy assed folks that put this garbage together periodically, for public consumption....and for pay that is more than they are worth for the misleading crap they publish......intentionally do not poll any portion, certainly not any substantial portion, of those "consumers" that are worse off!

So, their garbage statistics are as worthless as the unemployment statistics, which stop counting all the unemployed after they've remained unemployed for 7 months! In the case of this "Consumer Confidence" bullshit, those that barely have any money left to even BE a consumer are not polled nor counted!

Bottom line here is the TRUTH is that consumer confidence....of ALL consumers....has been falling for years!

......unless you consider only the elite.
True maybe. Must agree, some of these outrages numbers lately sounds very suspicious. Strangely, this one was a negative for a change, one that Sleepy Joe can't brag about.
But usd keeps rising ) where is logic?
Yeh, it's only against the Yen that it's tumbling.
Quoting rashadali
But usd keeps rising ) where is logic?
because hungry hyenas like robber retails..
So confidence down...by a good bit and USD up??? Wat in tarnationnnn?!!!
Folks, don't worry. Learn to stop reading and abiding in all these intentionally misleading statistics. Learn to IGNORE them and go only by what you SEE on the charts, not what you are led to believe by all this DISINFORMATION.

- TAH
  • New Comment
  •  Guest
  • | IP XX.XX.9.175
Join FF
  • Story Stats