Conference Board Consumer Confidence Index vs. University of Michigan Consumer Sentiment Index History tells us that before a recession, the consumer confidence vs. sentiment spread always peaks and then declines. Picture source: Crescat Capital LLC
University of Michigan Consumer Sentiment Index – Democrats vs. Republicans This chart shows that Democrats and Republicans have a completely different view of the U.S. economy. Democrats see a recession coming and Republicans see economic growth. Picture source: John Kemp
The University of Michigan Consumer Confidence Sentiment Index Hit a 15-Year High Last time, it hit this level was in May 1997 and January 2004. That’s good news, because this level suggests that there is no imminent recession on the horizon.
Consumer Confidence Spread and U.S. Jobless Claims Interesting chart showing a good correlation between the consumer confidence spread and jobless claims. As a reminder, the consumer confidence vs. sentiment spread always peaks and then declines before a recession. See also “Conference Board Consumer Confidence Index vs. University of Michigan Consumer Sentiment Index.” Picture source: Pictet Asset…
