Thursday, October 27, 2011

Bloomberg Comfort Index Shows Economic Expectations Lowest Since March 2009.

While this was surveyed before the earth-changing discussions last night, Bloomberg's Consumer Comfort Index hits its lowest level in over a month. We have pointed to the stable and low levels of consumer confidence/sentiment/comfort many times recently but today also sees expectations (a much more powerful indicator of potential spending) drop to its lowest since March 2009 and the current state of the economy at its lowest since Feb09 (which was the only print EVER lower than current).

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