Consumer Sentiment Plunges
The Reuters/University of Michigan consumer sentiment index registered its biggest decline since the financial crisis began in late-2008, tumbling from a post-recession high of 77.5 in February to 68.2 in the first of two readings for March.
Sharply higher gasoline prices are no doubt weighing on Americans as the price at the pump has risen almost 50 cents per gallon in recent months and more calls of another “oil shock” are heard, the probability of renewed economic weakness steadily increasing.
The expectations index plunged more than 13 points, from 71.6 to just 58.3, while the current conditions index fell from 86.9 to 83.6. Recall that readings much closer to 100 are typical and periods of recession usually see sentiment readings in the 70 range or lower, so, it would appear that many Americans now think that the U.S. economy has taken a dramatic turn for the worse.
Part of that thinking is surely being driven by the expectation of rising consumer prices, the one-year inflation outlook up sharply from 3.4 percent to 4.6 percent. Five-year inflation expectations also rose, up from 2.9 percent to 3.2 percent, all of which will give the Federal Open Market Committee more to talk about when they gather next week since consumer inflation expectations play an important role in their formulation of monetary policy.
Keep on reading: Stock Market News
Read more at Stock Market Newz
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,613,009,787 |
| Stories: | 8,178,777 |
Whistler Blowers, Insiders
