The Stunning Setback In Consumer Sentiment

View this email online | Add newsletter@businessinsider.com to your address book
		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Friday, August 12, 2011 The Stunning Setback In Consumer Sentiment The collapse in Europe, fears of default, weakening US data, the stock market dive... it all adds up to what Doug Short describes as a "stunning setback" for the University of Michigan Consumer Sentiment survey. As the chart above shows, the reading has now hit a level not seen since early 2008. Meanwhile, as we noted, there's a pretty big gap growing between the sentiment (surveys, markets, etc.) and the data which just hasn't collapsed by that much. Ominously this will need to be resolved one way or another. Read » Also On Money Game Today: Why Everyone Is In Love With The Swissie Deutsche Bank Summarizes Europe's Horrible Season For Earnings Which Asian Country Gets Slammed The Most If The US Goes Double Dip? Recession Watch: The 5 Big Signals To Look For Advertisement CHART OF THE DAY: Volatility Is Off The Charts CHART OF THE DAY: French CDS Are Where Italian CDS Were In July CHART OF THE DAY: Treasuries Give S&P The Finger Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

If you believe this has been sent to you in error, please safely unsubscribe.