- Before was 71.8
- Current position 77.7 vs previous 63.9
- Expected 71.6 vs 76.9 before
- 1-year inflation 2.9% versus 2.6% previously
- 5-year inflation 3.1% vs 3.2% previously
This report is not about consumer spending, it is about politics. Act accordingly:
- Republican sentiment rose to 81.6 from 53.6 in October
- Democrats fell to 70.9 from 91.4 in October
This is not a serious study.
I suspect the jump in one-year inflation expectations is about fears of tariffs. Shame on the Deer if they read anything in this study.
This article was written by Adam Button at www.forexlive.com.
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