UMich Consumer Confidence Comes Better Than Expected, At 67.8 On Consensus Of 67

Expectations at 62.3 vs consensus of 61.3 (previous 60.6), and Conditions at 76.5 vs 76  (previous 75.5). And with this latest self fulfilling prophecy report out of the propaganda bureau, expect stocks to promptly go green as the ugly GDP number is all but forgotten. This report brings today’s official economic release docket to a close. The upcoming ECRI Leading Indicator report (10:30 Eastern) will also come in higher than -10 and with that we will close solidly green as the administration high fives itself over yet another horrible economic print cover up.

Related posts:

1. It Is Just Surreal Now: UMichigan Consumer Confidence Index At Laughable 76, Highest Since January 2008
2. Your Ultimate Cheat Sheet To Consumer Confidence
3. Consumer Confidence Sinks to 50.4, a 5-Month Low; Home Prices Rise; Case-Shiller a Very Lagging Price Indicator
4. Stocks TUMBLE On Consumer Confidence Numbers, Job Fears
5. Consumer Confidence Drops Again – At 50.4, Below Expectations, And From An Upward Revised 54.3