The American consumer has not been as confident as this since January 2008… can you feel the confidence? The reaching for credit, the spending beyond your means; what could go wrong? Oddly, despite the exuberance, fewer people expect an increase in income (borrow or charge we assume?). The biggest driver of this confidence appears to be the spike from 79.7 to 99.5 in the Pacific region’s confidence… but plunged in the Mountain and Central regions.
via Zero Hedge http://ift.tt/1mayMhz Tyler Durden