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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14632)	5/28/2004 10:13:10 AM
From: russwinter	Respond to of 110194

Looks like Rasmussen's Message 20169616 real time consumer sentiment is trumping and well ahead of Michigan's and the Conference Board's delayed numbers. So how do the cognoscenti play the stock market now that the economy is crapping out? Same ole, same ole, use borrowing and leverage to play the never ending easy money scenario, or throw in the towel as they realize the emperor wears no clothes? Reuters U.Michigan Confidence Falls, Outlook Dim Friday May 28, 9:55 am ET NEW YORK (Reuters) - U.S. consumer confidence declined in May, confounding economists' forecasts for a steady reading of sentiment and putting a gloomy face on consumers' outlook, a survey released on Friday showed. The University of Michigan's final survey of consumer confidence for May showed its sentiment index falling to 90.2 from April's final reading of 94.2, according to people who saw the subscription-only report. Economists polled by Reuters had looked for an unchanged reading of 94.2. The current conditions index dropped to 103.6 from April's final reading of 105, while the expectations index declined to 81.6 from April's final reading of 87.3.