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Consumer confidence for December ticked up from earlier readings, according to the latest sentiment index released by the University of Michigan and Reuters.
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The latest consumer sentiment survey from the University of Michigan showed consumer sentiment nose-diving.
nytimes.com/shiftingcareers PESSIMISTIC (CONSUMERS) TO OPTIMISTIC (LENDERS) Floyd Norris says the latest consumer sentiment numbers are bad across the board.
"In fact, the latest consumer sentiment readings are near the all-time lows recorded in late 2008 during the most terrifying moments of the financial crisis".
He admitted confidence was down but said the latest economic sentiment index, for January, was up for the first time since May 2011.
The latest consumer sentiment survey by the University of Michigan showed Americans were dissatisfied with government economic policies and fewer expected to see improvements in growth or the jobs market.
The latest Business Sentiment Index from Oil and Gas UK showed "overwhelmingly negative" results.
The latest AAII Sentiment Survey also shows higher pessimism and lower optimism.
Though pessimism declined and optimism among individual investors rebounded in the latest AAII Sentiment Survey, they remain unusually high and low, respectively.
Pessimism among individual investors jumped to its highest level in more than five and a half years in the latest AAII Sentiment Survey.
Pessimism among individual investors about the short-term direction of stock prices remains above average in the latest AAII Sentiment Survey.
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