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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: TH who wrote (84602)1/29/2013 10:25:52 AM
From: ggersh  Read Replies (2) of 119362
 
Davos...."resilient dynamism."

29 January 2013 US Consumer Confidence Plunges


What is wrong with these people, these takers and fakers. Confidence has never been better on Wall Street.
Look at the VIX and the SP 500, and booming home prices in the Hamptons.

Lloyd Blankfein just had a $21 million pay day. He's filled with confidence.

Fraud and deceit will continue until confidence and trust improve.

MarketWatch
Consumer confidence drops in January
By Ruth Mantell

WASHINGTON (MarketWatch) -- A gauge of consumer confidence dropped in January to the lowest level since November 2011 on lower expectations and gloomier views of the present situation, according to data released Tuesday.

The Conference Board said its consumer-confidence index dropped to 58.6 in January, missing analysts' estimates of 64.3, from an upwardly revised 66.7 in December.

A prior December estimate pegged the level at 65.1. "Consumers are more pessimistic about the economic outlook and, in particular, their financial situation," said Lynn Franco, economic indicators director at the Conference Board...

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