Despite record highs in stock markets and talking-heads explaining that a terrible Q1 GDP print is nothing to worry about, Bloomberg’s Consumer Comfort index collapsed to its lowest level in 6 months as ‘Buying Climate’ collapsed and economic expectations plunged from 48 to 42.5 (7-month lows). The Fed won’t be happy… need S&P 2,200 for animal spirits to come back again…
And Buying Climate has plunged…
Charts: Bloomberg
via Zero Hedge http://ift.tt/1oxM6mZ Tyler Durden