[blam]

WHOA: CHICAGO PMI SURGES TO 58.7

[blam]

DJIA Down 33 As I Post

[IbJensen]

It’s sort of an ‘On The Beach’ situation though.

[Gaffer]

Consumer Confidence? Really? What is the ‘confidence’ about? Is it about the fact that more and more ‘Americans’ (and illegals, and non-citizen resident aliens) are on food stamps (SNAP), TANF, EITC, SSI/SSDI, WICs and the rest of the 85+ handout programs available to the sloths among us?

That confidence?

[ltc8k6]

http://www.zerohedge.com/news/2013-05-31/consumers-most-confident-2007-celebrate-first-spending-drop-one-year

Consumers Most Confident Since 2007, Celebrate By Biggest Spending Drop In One Year

[gov_bean_ counter]

I am confident this country is going to hell in a hand basket.

Confidence isn't always a good thing...

[Cheerio]

What a masterful job these propagandists perform for us.

Consumer spending fell in April; first drop in nearly a year
May 31, 2013, 6:40 a.m.

[John W]

Someone needs to tell consumers this as they are behaving otherwise.

[SeekAndFind]

How does this headline tie up with this one:

http://freerepublic.com/focus/f-news/3025774/posts

US consumers cut spending 0.2 percent in April after income fails to grow

[American Constitutionalist]

I wonder if there could be a scientific study of this and the news of Obama’s scandals ? and people thinking that Obama might be impeached ? could there be any correlation ?

[American Constitutionalist]

Could it be that people see the Obama administraion on the ropes and hope that he and some of his people will be impeached ?

[JohnBrowdie]

how on earth can this be true, AND the following story headline in the sideboard also be true: US consumers cut spending 0.2 percent in April after income fails to grow

[ScottinVA]

Amazing how markets can move on a reading of consumer confidence driven by rosy developments that have since been superseded by other less than rosy ones.

[SoFloFreeper]