Consumers are more optimistic than they have been for the past 17 years, writes Steven Russolillo in a recent Wall Street Journal article, but this isn’t necessarily good news for…
Tag: consumer confidence
Drop in Confidence Numbers Not a Reason to Worry, Says Hulbert
One of the economic data points that usually snatches headlines is the monthly consumer confidence numbers that show how optimistic or pessimistic Americans are on the economy. But in a…
Consumers As Contrarians Indicators
One of the reasons for the market’s tumble late last week was a much worse-than-expected consumer confidence reading. But according to Mark Hulbert and the research of Kenneth Fisher, the…