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The Bloomberg Consumer Comfort Index inches up to -33 from -33.1 previously. Still low by...

The Bloomberg Consumer Comfort Index inches up to -33 from -33.1 previously. Still low by historical standards (avg. of -15.8), the index is 17 points better than last year's holiday season kickoff. Maybe more importantly, the size of the sharp advance in the 3 months leading to Black Friday was bested only in 2006. The only other year to come close was 1996 (survey goes back to 1986).
Comments (1)
  • The_Hammer
    , contributor
    Comments (4264) | Send Message
     
    Fools going to go out and run up the credit cards some more. Debt slaves.

     

    Getting credit card offers by the boatload now. Is the spigot opening up again? we know the govt has opened the spigot at fannie, FHA and student loans. We got to goose up house prices and tuition!
    29 Nov 2012, 09:53 AM Reply Like
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