top of page
Search

On the SPOT blog (09/27/2022) [U..]

Volatility continued on Wall Street but there was some good news that might have caused markets to fluctuate today (as opposed to just falling). Data released today showed that Consumer Sentiment rose in September. That is second consecutive month of improving sentiment. It could imply that consumers don't have a pessimistic view of the economy. In other words, this might be music to Federal Reserve officials as it gives them more conviction in taking steps to tame inflation (there are a lot of Fed comments this week but nothing materially different). Consumer sentiment might cause optimism that "soft landing" possibility is not dead.

Want to read more?

Subscribe to gammathworks.com to keep reading this exclusive post.

2 views0 comments

Recent Posts

See All

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page