Are These The People Whose “Confidence” The Conference Board Polls?

The diverging fortunes of the myriad ‘consumer confidence’ surveys that are plastered across various trading terminals every months is nowhere more evident than in the exuberance exhibited by University of Michigan or Conference Board respondents relative to Gallup or Bloomberg survey respondents. As the following chart shows, the ‘representative’ group being surveyed appears to be quite different…

This post was published at Zero Hedge on 09/16/2014.


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