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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (13654)5/11/2004 4:09:41 PM
From: russwinter  Read Replies (1) of 110194
 
The inflation cost squeeze and subsistence (food and energy) crisis?

Consumer Index Down to 110.1

Investor Index Falls to 133.1

Rasmussen Consumer Index

Today 110.1
Yesterday 112.8
Week Ago 112.5
Month Ago 118.1
RasmussenReports.com

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Rasmussen Investor Index

Today 133.1
Yesterday 138.6
Week Ago 134.3
Month Ago 138.9
RasmussenReports.com

Election 2004

Tuesday May 11, 2004--As Americans assess the economy, geopolitical concerns have overwhelmed the news from Friday's report on job creation.

Normally, a better than expected jobs report would lead to a surge in America's economic confidence and a double digit increase in the Rasmussen Index. However, today's numbers show that the nation's economic confidence is now a few points lower than it was before the jobs report.

The Rasmussen Consumer Index lost nearly three points on Tuesday to 110.1. The Index, which measures the economic confidence of American consumers on a daily basis, is down two from a week ago, down eight from a month ago and down seven from three months ago.

The Rasmussen Investor Index fell five-and-a-half points on Tuesday to 133.1. The Investor Index is down one from a week ago, down six from a month ago and down eight from three months ago.

The number of Americans who rate the economy as "poor" jumped to 34% today from 30% before the jobs report. When asked if the economy is getting better or worse, 52% now say worse. Before the jobs report, that number was 48%.
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