I haven't actually bought anything except the necessities for more than a year.

(October 13, 2017 at 10:50 am)alpha male Wrote: http://www.businessinsider.com/consumer-...er-2017-10

Quote:US consumers haven't been this optimistic about the economy since the start of 2004, according to a survey conducted by the University of Michigan. 

The consumer-sentiment index registered a preliminary October reading of 101.1, a monthly report showed Friday.

Holy fucking shit...... FEELINGS do not prevent future bubbles, LAWS DO.

Because of Bush's bullshit we ended up with a triple crash car/housing/bank. 

I could give one fuck less how we feel, what matters isn't short term feelings, but long term LAWs that prevent recessions and depressions. 

FYI IDIOT, our recovery started long before 45 took office. 

Consumers feel? Yea and humans also once as a majority thought the earth was flat.

You certainly can feel good getting drunk too, but if you constantly drive drunk, eventually you will get a DWI or kill yourself or someone else.

I'm very glad American consumers are happy. Will sleep well tonight.

(October 13, 2017 at 10:50 am)alpha male Wrote: http://www.businessinsider.com/consumer-...er-2017-10

Quote:US consumers haven't been this optimistic about the economy since the start of 2004, according to a survey conducted by the University of Michigan. 

The consumer-sentiment index registered a preliminary October reading of 101.1, a monthly report showed Friday.

Thumbs up to President Trump for that one!!!!

It's been rising since 2011 according to that chart.
I suspect that in 2011, Donald was still watching girls get changed in dressing rooms and grabbing pussy.
Him and Weinstein have a lot in common, apart from Weinstein not having a taped confession.

And it means nothing about economic reality.

Con is in confidence.

Consumer confidence was also extremely high in the Summer of 2007.

Who recalls what happened in 2008?

But, by all means, keep crowing about this largely non-predictive metric.

(October 13, 2017 at 12:55 pm)Cthulhu Dreaming Wrote: Consumer confidence was also extremely high in the Summer of 2007.

Who recalls what happened in 2008?

But, by all means, keep crowing about this largely non-predictive metric.

Once again Beta distorts the fact . First this is  only preliminary  . The article says confidence among Republicans spiked while Dems fell. And even Republicans admit  they expect slow wage growth . Makes sense economist could declare" the end is near "and Republitards woulds still cheer their loon and chief. Their no evidence to suggest that if Clinton had won we would not get a mirror effect . And as Brian pointed out the enthusiasm of Trump fanatics does not good economic policy make . Nice try