Reuters/UofM Consumer Sentiment dives to 76.8

Sep Reuters/UofM Consumer Sentiment:76.8 vs. 82.0 expected and 82.1 prior.

Comments (6)
  • BruceInKY
    , contributor
    Comments (445) | Send Message
    Anecdotal, but I saw softer demand at the retail consumer discretionary level the last four or five weeks and all my suppliers are passing through significant price increases.
    13 Sep 2013, 11:29 AM Reply Like
  • investingInvestor
    , contributor
    Comments (2500) | Send Message
    Face the facts. Consumers are a lot smarter than self proclaimed media experts.


    Consumers know the US Fed will probably begin to taper QE3 purchases in September. They are ready.


    Consumers are taking this medicine a lot better than the media talking heads.
    13 Sep 2013, 04:22 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4296) | Send Message
    But stocks had their best week since January. What's going on here? CNBC said the recovery is well underway and the drop in the gold price proves it. If you're not 100% invested, you're a chump.
    13 Sep 2013, 07:37 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
    Price increases have been waiting in the wings for a very long time in many industries. This is the cost side of a "pent up demand" discussion, and as these begin to pulse through the economy, they will have an impact. The fact that many of them will occur within "volatile" segments where they fail to receive full coverage in the media and are dismissed by government does not mean that consumers don't really feel them.
    13 Sep 2013, 09:02 PM Reply Like
  • Buddy Canuspare
    , contributor
    Comments (406) | Send Message
    Keep laying off your customers and see if they keep buying.
    14 Sep 2013, 12:44 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13495) | Send Message
    Gee why don't they do what they did to help the 2006 economy, expand the 5% down, flex rate, NINJA loans during rising interest rates? Consumer confidence doesn't rebound because the participation rate keeps falling and unsustainable government spending continues. No business wants to expand when they know the government will eventually cut jobs and the Federal Reserve will slow QE. The ramification of a artificial public sector/central bank planned economy intervention is that reversing the intervention causes economic indigestion and withdrawal. The longer we stick with it the harsher the effects will be when we face the withdrawal.
    14 Sep 2013, 08:38 PM Reply Like
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