Americans are becoming ever more pessimistic about economic conditions. The Conference Board Consumer Confidence Index declined to it second lowest level ever in terms of consumers expectations. Watch the video interview of Lynn Franco to get a more enlightening perspective. According to the Conference Board’s website: Says Lynn Franco, Director of The Conference Board Consumer [...]
consumer perception
Economic Anxiety
Hmm.. maybe my views in the Consumer Auto Reports post could be incorrect. Could it actually be fear that will keep people from spending? According to a Gallup Poll released today: The percentage of Americans saying they worry “a great deal” about the economy has surged by more than 20 points over the past year, [...]
Weekly Wrap-up
Between this week and last week it seems as though investors have reached a point of indecision. Last week the markets ended slightly lower and this week they ended slightly higher. Are the markets starting to falter? To get a clearer picture of where we are headed, I turned to a couple of motivational speakers [...]