Bloomberg Television
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Why Is Consumer Confidence a Concern for Equity Markets?
Posted
February 27, 2023
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February 27, 2023
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1:03Now PlayingUS consumer confidence continued its sideways drift in January, with the University of Michigan Consumer Sentiment Index returning a betterthanexpected, but still anemic, 67. That leaves the Index struggling below its pandemic bottom of 71.8, reached in May 2020. How could this weakness impact the current cycle’s stock market performance? Presented by @cmegroup
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