University Michigan Sentiment Prelim: 66.0 vs a Forecast of 68.5
Inflation expectations of 2.9% for one-year ahead vs 3% on the prior reading
Overall consumers still don't feel particularly great according to this survey pic.twitter.com/XQ0KAYd2tW
— Markets & Mayhem 🤖 (@Mayhem4Markets) July 12, 2024
🇺🇸 United States Michigan Consumer Expectations (Jul) $USD
Actual: 67.2 🔴
Expected: 69.8
Previous: 69.6— PiQ (@PiQSuite) July 12, 2024
The delinquency rate for bank credit cards was 3.27% in May, nearly 2 points higher than in 2021, per Moody's.
— unusual_whales (@unusual_whales) July 12, 2024
University of Michigan consumer sentiment down for another month. Preliminary for June. Now 66, was 68.2 last month. Every component down M/M and Y/Y. pic.twitter.com/AWyqaBbzfc
— Chris (@chriswithans) July 12, 2024
And now sentiment drops like a lead balloon, to reflect real jobs, real CPI and real GDP.
Imagine my surprise.
— Uncle Milty’s Ghost (@his_eminence_j) July 12, 2024