Consumer confidence fades

[Yo_Mama_Been_Loggin]

Consumer confidence has been damaged as coronavirus fears have spread. Since hitting a 2020 peak in late February, the Consumer Sentiment Index has plunged. While still high relative to multi-decade levels, many investors and economists believe the index will likely continue to head lower in the coming months..



https://www.fidelity.com/viewpoints/active-investor/chart-of-the-week?ccsource=email_weekly

[SunSeeker]

1. Judging by that graph, "fades" is an understatement.

[Brainfodder]

2. More like cliff jumping?

[Wellstone ruled]

3. No shit!!!

Fidelity has a Reality Check,about time.

[KY_EnviroGuy]

4. Understatement of the day.

All the consumers I know have absolutely no confidence in anything right now beyond the sun coming up and availability of air to breathe.

KY..........

[orwell]

5. If this continues...

Expect a move to the 60 region.

Essentially confidence could be cut in half.

[msongs]

6. hard to consume when most places are shutdown and ppl being laid off nt