UOM/Reuters Consumer Sentiment For June At 75.5
Did not have time to post this on Friday.
Consumer sentiment for June came out at 75.5 vs. 74.0 consensus and 73.6 May reading.
Markets disregarded bad retail sales report and moved higher on consumer confidence. Highest reading since January 2008.
Chart 1. University of Michigan/Reuters Consumer Sentiment
June 26th, 2010 at 4:12 pm
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