Republicans’ Confidence Rebounds In December As Inflation Fears Ease
Analysts expected the final data for University of Michigan to confirm the preliminary prints with a very modest rebound from post-COVID lows (and 10 year lows) and they were right but we note that current conditions dipped from the early month data while expectations inched higher…
Source: Bloomberg
All political cohorts saw an improvement in sentiment in December, but Republicans picked up the most…
Source: Bloomberg
It seems bad news for Biden is good news for Republicans’ sentiment.
The rebound in buying attitudes actually weakened throughout the month (though still improved overall)…
Source: Bloomberg
Finally, inflation expectations dipped very modestly in the final December data…
Source: Bloomberg
Is Powell’s proactive taper talk actually working on Americans?
Tyler Durden Thu, 12/23/2021 – 10:18
