Re: Consumer Confidence at Three-Month High in December

On 12/29/2009 10:33 AM, H&*$?%e wrote:
>
> From Reuters, 12/29/09:
> http://abcnews.go.com/Business/wireStory?id=9440802
>
> Consumer Confidence at Three-Month High in December
>
> NEW YORK (Reuters) –
>
> U.S. consumer confidence improved more than expected in December,
> hitting a three-month high as job market pessimism eased and

Job market is getting worse so the propaganda is what is working and
getting better. Problem is without jobs, it’s NOT getting better.

> consumers’ expectations reached a two-year high, according to a
> private report released on Tuesday.

How much lower can it get than Depression?

> The Conference Board, an industry group, said its index of consumer
> attitudes rose to 52.9 in December from a revised 50.6 in November.

Which consumers… The ones with government jobs or the ones that work
in the private sector?

> That beat analysts’ forecast of 52.5, which was based on a Reuters
> poll that ranged from 46.0 to 57.0.

How unusual that they were caught off guard.

> Meanwhile, last month’s revised reading was also higher than the
> originally reported 49.5.

WOW… happy days are here again.

> The expectations index rose to 75.6 — the highest since December 2007
> — from November’s 70.3.
>
> Consumers’ labor market assessment also showed some signs of
> improvement, with the “jobs hard to get” index decreasing to 48.6 from
> 49.2.

Socialism doesn’t create jobs, it creates government.

>
> __________________________________________________________
>
> Slowly but surely.
>
> Harry

You go back 3 whole months to get the basics of that story.

Aren’t you ignoring your own rules, weather is short term and Climate is
long term(I believe you say 10 years is in Climate is a trend)

Well… economics isn’t 3 months worth of a very subjective and
opinionated survey.