vrijdag 16 juni 2017

UMich Confidence Slumps To Lowest Since Trump Elected

Republican finally cracked. After months of extremely partisan divergence in the UMich confidence data, the loss in confidence for self-identified Republicans fell notably more than for Democrats (who were already significantly lower). Both current and future expectations tumbled to their lowest since Nov 2016...

Interestingly; medium-term inflation expectations jumped from 2.4% to 2.6% but short-term remained unchanged at 2.6%....