Friday, July 16, 2010

Today's Consumer Sentiment Index

The Index plummet sharply down to 66.5 from 76.0 in June, and it is way below the median forecast of 74.5 among economists, which was the key factor for the market to go down today.

Reuters: It sinks to lowest in 11 months.

PS: consumer sentiment is a coincident indicator. This week's figure is further evidence of an economic weakness and slowdown.

Consumer Sentiment

No comments:

Post a Comment