US Consumer Confidence FINALLY Rises For 1st Time In 5 Months, But Still Depressed At 67.9 (Buying Conditions For Housing Remains Near All-time Lows)

The University of Michigan Consumer Confidence survery rose for the first time in 5 months as inflation is cooling … for the moment. Hope for Fed rates cuts keeps the S&P 500 elevated.

Buying conditions for housing remains near historical lows. Great job Biden/Harris!

Thanks a heap, Biden/Harris!