Joseph Tr: The Green Revolution?

8 views · Published 13 January 2016 · 51:36 · Indexed 20 September 2026

Channel: FXStreet · 2016 · News & Politics

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Date of issue: 11 June 2009. Speaker: Joseph Tr. Several confidence measures in the United States have returned to the levels they held before the great financial collapse last fall. Do they presage an impending economic recovery? US Consumer Confidence readings from the Conference Board and University of Michigan have pulled out of their deep post September troughs. The same is true for the Institute for Supply Management’s (ISM) manufacturing and services surveys. But these forward looking sentiment statistics contrast markedly with measures that gauge actual economic commitments. The performance of the consumer and manager is much at odds with what they say is their economic view.

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