Seeking Alpha
  • Michael Bryant
    "Consumer confidence lowest in nine months in August." Why? Economy is improving. Maybe it's gas prices. http://yhoo.it/OmV9CE
    8/28/12
    Reply (4)
    • realornot: Are you making any sense? Low consumer confidence = Economy is improving. I can't compute that! What were you majoring?
      8/28/12
    • Michael Bryant: Consumer confidence is a lagging indicator. And wages won't rise till spending does, so spend.
      8/28/12
    • realornot: ok, if consumer confidence continues to fall further the next 12 months then it is no longer a lagging but a leading indicator???
      8/28/12
    • Michael Bryant: Nope, it still is a lagging indicator. Economy could start improving months before average people feel it.
      8/28/12