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The Bloomberg Consumer Comfort Index hits a 3-month high of -36.9, up from last week's -40.8....

The Bloomberg Consumer Comfort Index hits a 3-month high of -36.9, up from last week's -40.8. 71% of respondents say now is a bad time to be buying things, the fewest since mid-July, but 7 points worse than the long-term average 84% still rate the economy as negative, 19 points more than average.
Comments (8)
  • jwbrewer
    , contributor
    Comments (317) | Send Message
     
    The sole driver of BCC, by Bloomberg's own admission, has been optimism of democrats after their convention (Clinton speech); I think that after last night, there will be a correction in the BCC next week.
    4 Oct 2012, 10:36 AM Reply Like
  • American in Paris
    , contributor
    Comments (5504) | Send Message
     
    No, the economy is clearly improving. And I doubt very much Bloomberg is attributing to a convention speech.
    4 Oct 2012, 04:48 PM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (8278) | Send Message
     
    That's right, it's all about you and your party. Sorry. The economy doesn't work that way.

     

    If your economy improves while all about others are losing theirs, you've got better policy my son.
    4 Oct 2012, 11:02 AM Reply Like
  • surfnspy
    , contributor
    Comments (415) | Send Message
     
    "a 3-month high of -36.9"

     

    What?!
    4 Oct 2012, 01:13 PM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (8278) | Send Message
     
    Hard to get screaming export-driven growth with China slowing and Europe in recession. Time to make nice-nice with Latin America, I think. Also, Africa.
    4 Oct 2012, 01:48 PM Reply Like
  • buyitcheap
    , contributor
    Comments (1901) | Send Message
     
    Absolutely right.
    4 Oct 2012, 03:11 PM Reply Like
  • bbro
    , contributor
    Comments (10418) | Send Message
     
    Look at Gallup consumer spending poll...year over year
    4 Oct 2012, 03:58 PM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (8278) | Send Message
     
    Over year over year over year. We fell into a pit in 2009, and we are just starting to climb out of it. At twice the speed we began climbing out of the Great Depression. Despite the fact that this recession is now heading into the EU, and into China.

     

    We're not doing half bad, and if Republicans were in power they would say the same.
    4 Oct 2012, 04:08 PM Reply Like
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