Consumer sentiment from the University of Michigan:
- Best since March 2018
- Prior was 99.8
- Current conditions 113.8 vs 114.0 expected
- Expectations 92.6 vs 90.0 expected
- 1-year inflation 2.5% vs 2.5% prior
- 5-10 year inflation 2.3% vs 2.5%
This is a good reading as the multi-month run extends and shrugs off coronavirus fears. I would love to see a survey like this one in China right now.