Consumer sentiment data from the University of Michigan
- Prelim was 100.9
- Prior was 99.8
- 1-year inflation 2.4% vs 2.5% prelim
- Expectations 92.1 vs 92.6 prelim
- Current conditions 114.8 vs 113.8 prelim
This indicator is going to fall like the stock market. Expect this to be the high-water mark for awhile.
