US consumer sentiment rises to five-month high

[jpak]

http://www.ft.com/cms/s/0/6db93072-0c79-11e1-8ac6-00144feabdc0.html?ftcamp=rss

US consumer sentiment has risen to the highest level since June as Americans’ outlook for the future improved.

The Thomson Reuters/University of Michigan sentiment index climbed to 64.2 in early November from 60.9 in October, beating forecasts of a smaller rise to 61.5.

Opinion about current conditions ticked up to 76.6 from 75.1, while the gauge of expectations for the next six months jumped to 56.2 from 51.8. Both measures were also at their highest level in seven months.

“The modest rebound in equity prices in recent weeks explains most of the rise,” said Paul Dales, senior US economist at Capital Economics. Yet he noted that since hitting a low of 55.7 in August, the index has retraced only half of its decline from 77.5 in February, and is still significantly below its long-term average of 86.

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[daleanime]

1. I wonder how much of that is because of....

Occupy?:evilgrin:

[jpak]

2. Make the #Occupy higher

:hi:

[daleanime]

3. Oh hell yea...

:fistbump:

[applegrove]

4. I wonder if escaping the clutches of the

I wonder if escaping the clutches of the right wing by feeling fellowship with the 99% has people feeling stronger and more optimistic. People who like to dominate need people acting like morons below them. When you are dominated and a moron you don't feel optimistic at all.