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RE: CNN Asserting Consumer confidence may be decreasing on whether stock prices will rise over next year

in #economy7 years ago

Keep in mind The Conference Board Consumer Confidence Index Increased in April (https://www.conference-board.org/data/consumerconfidence.cfm) this is not a CNN poll or anything.

So there was one question on the poll about stocks where results more negative than January (according to CNN, the data needs to be purchases if you want those details, I assume they did that). Let's see.. the stock market is down a couple thousand from January and now consumers are more negative on it.. like surprise! This by itself means very little. Here's another take on this same consumer confidence report. https://www.marketwatch.com/story/consumer-confidence-in-april-rebounds-close-to-18-year-high-2018-04-24

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thanks yea not sure how important these things are and how accurate these polls even are