View Single Post
Old 09-05-2018, 10:26 AM   #1
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Consumer Confidence

Aug 29, 2018 09:56:38 AM Consumer Confidence Index, just out, is the HIGHEST IN 18 YEARS! Also, GDP revised upward to 4.2 from 4.1. Our country is doing great! [Twitter for iPhone]
Aug 28, 2018 12:28:28 PM “Consumer confidence pops in August to highest level since October 2000” https://t.co/1Gg5IOtbNa [Twitter for iPhone]
A friend of mine who makes his living forecasting the market pointed out that this is an interesting point that sounds great, but is it?
What happened in the months following October 2000?

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
Pete F. is offline