• 85
  • 11
  • Favorite

UMich Sentiment Disappoints To End June As Republican Confidence Slumps

zerohedge2021-06-25

June's preliminary rebound in UMich sentiment was expected to have accelerated into month-end but analysts were wrong as the the final data all fell relative to the mid-month reads with 'Current Conditions' actually lower in June versus May (from 89.4 to 88.6).

Source: Bloomberg

Republican sentiment continues to slide as Democrats' confidence rebounds from a dip in May...

Source: Bloomberg

Inflation expectations fell on MoM basis but theshort-term (1Y) expectation actually increased from mid-month 4.0% to 4.2% final...

Source: Bloomberg

Buying Conditions remain extremely weak (where's my stimmy?) but we did see a modest rebound (very modest) in large household durables...

Source: Bloomberg

And finally, putting that collapse in homebuying sentiment in context, it appears homebuilders are in a reality all of their own...

Source: Bloomberg

Or maybe those homebuyers are just not buying the dip enough in the latest Fed-sponsored meme-stock to  accumulate enough wealth to afford a down-payment?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment11

  • Ashraf89
    ·2021-06-28
    I Do it
    Reply
    Report
  • stormlee
    ·2021-06-28
    Comment & like pls
    Reply
    Report
    Fold Replies
    • stormlee
      ?
      2021-06-29
      Reply
      Report
    • Acella
      ?
      2021-06-28
      Reply
      Report
  • ShiChen
    ·2021-06-27
    Cool
    Reply
    Report
    Fold Replies
    • stormlee
      Comment & like pls
      2021-06-28
      Reply
      Report
  • Nandi
    ·2021-06-26
    Good
    Reply
    Report
    Fold Replies
    • stormlee
      Comment & like pls
      2021-06-28
      Reply
      Report
  • MGHuat
    ·2021-06-26
    like and comment pls
    Reply
    Report
    Fold Replies
    • stormleeReplying toMGHuat
      ?
      2021-06-28
      Reply
      Report
    • MGHuat
      ok
      2021-06-28
      Reply
      Report
    • stormlee
      Comment & like pls
      2021-06-28
      Reply
      Report
    View more 1 comments
  • ty91
    ·2021-06-26
    Like and comment please 
    Reply
    Report
    Fold Replies
    • stormlee
      Comment & like pls
      2021-06-28
      Reply
      Report
    • MGHuat
      ok respond pls
      2021-06-26
      Reply
      Report
  • Jessjy
    ·2021-06-26
    Oooo
    Reply
    Report
    Fold Replies
    • Nandi
      Comment
      2021-06-26
      Reply
      Report
  • SHW
    ·2021-06-26
    Great
    Reply
    Report
  • YunaTuna
    ·2021-06-26
    Ok
    Reply
    Report
  • khaukk
    ·2021-06-26
    ok
    Reply
    Report
  • TitusT
    ·2021-06-26
    Be prepared 
    Reply
    Report
    Fold Replies
    • YunaTuna
      ok
      2021-06-26
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24