Sentiment Re-Sets As Excessive Optimism Wanes

by | Jan 22, 2024

What: The excessive optimism that was widespread among our cyclical indicators at the beginning of the year has begun to ease. So What: As sentiment resets across our cyclical survey indicators, some price consolidation would not be too surprising. Now What: While the weekly surveys show optimism waning, the Michigan Consumer Sentiment shows it surging. Equity […]

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