Expectations and Acceptance of Potential

By |2017-09-15T17:46:30-04:00September 15th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The University of Michigan reports that consumer confidence in September slipped a little from August. Their Index of Consumer Sentiment registered 95.3 in the latest month, down from 96.8 in the prior one. Both of those readings are in line with confidence estimates going back to early 2014 when consumer sentiment supposedly surged. During that same period, however, consumer spending [...]