Despite Bloomberg’s consumer comfort index declining for the first time since Trump’s election (from 46.7 to 46.0) with confidence in the economy and personal finances dropping, Republicans’ confidence soared to the highest since March 2008 – erasing all of the post-Obama-election decline.
Interestingly, Democrats remain more confident than Republicans still, bouncing back in the last week after an initial plunge post-Trump…
Perhaps unsurprisingly, consumer comfort among black Americans continues to tumble…
It is notable however that White consumer confidence slipped back modestly from 2007 highs in the last week.
via http://ift.tt/2iIJuCu Tyler Durden