FAST FIVE: Democrats' Economic Confidence Rises For First Time In 6 Months, Buying-Climate Weakens
Democrats' Economic Confidence Rises For First Time In 6 Months, Buying-Climate Weakens After September and October's notable rebound in sentiment, the preliminary November UMich showed continued improvement, rising from 95.5 to 95.7, driven by hope as current conditions slipped.
Current economic conditions index fell to 110.9 vs.
Expectations index rose to 85.9 vs.
Source: Bloomberg The divergence in sentiment between Democrats and Republicans remains vast but for the first time in six months, Democrats' confidence improved.
Source: Bloomberg Tyler Durden Fri, 11/08/2019 – 10:13 Tags Politics Labor Business Finance.