Preliminary consumer sentiment numbers from the University of Michigan:
- Highest since July
- Prior reading was 80.0
- Current conditions 97.1 vs 96.3 exp (prior 95.7)
- Expectations 73.3 vs 71.4 exp (prior 70.0)
Slightly higher across the board but if you were one of those traders who was expecting a snap-back in economic data after the snow thawed, it’s probably not good enough. Retail sales on Monday will be big.
U Mich consumer sentiment April prelim