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Thread: U.S. consumer confidence for June jumps more than expected

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    Default U.S. consumer confidence for June jumps more than expected

    THE AMERICAN PEOPLE AREN'T BUYING THE "EXPERT'S" BULLSHIT.WE KNOW WE ARE GETTING GOING NICELY.



    U.S. consumer confidence for June jumps more than expected


    The Conference Board’s consumer confidence index rose to 98.1 for the month.

    Economists polled by Dow Jones expected consumer confidence to rise to 91 from a May reading of 85.9.

    “The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board.



    The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board. Franco noted, however, “the Present Situation Index suggests that economic conditions remain weak.







    https://www.cnbc.com/2020/06/30/us-c...june-2020.html


    NO ONE IS BUYING YOUR BULLSHIT < FRANCO, ETAL....
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


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    Quote Originally Posted by Grokmaster View Post
    THE AMERICAN PEOPLE AREN'T BUYING THE "EXPERT'S" BULLSHIT.WE KNOW WE ARE GETTING GOING NICELY.



    U.S. consumer confidence for June jumps more than expected


    The Conference Board’s consumer confidence index rose to 98.1 for the month.

    Economists polled by Dow Jones expected consumer confidence to rise to 91 from a May reading of 85.9.

    “The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board.



    The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board. Franco noted, however, “the Present Situation Index suggests that economic conditions remain weak.







    https://www.cnbc.com/2020/06/30/us-c...june-2020.html


    NO ONE IS BUYING YOUR BULLSHIT < FRANCO, ETAL....
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.

    She added, "Faced with an uncertain and uneven path to recovery, and a potential COVID-19 resurgence, it's too soon to say that consumers have turned the corner and are ready to begin spending at pre-pandemic levels."

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    Coffiend (07-14-2020)

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    Quote Originally Posted by floridafan View Post
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.

    She added, "Faced with an uncertain and uneven path to recovery, and a potential COVID-19 resurgence, it's too soon to say that consumers have turned the corner and are ready to begin spending at pre-pandemic levels."
    AND SHE WAS WRONG. AMERICAN CONSUMER CONFIDENCE BLEW AWAY PREDICTIONS , JUST LIKE CONSUMER SPENDING INCREASES (a RECORD 8.2% ) AND JOBS...TWO RECORD JOB NUMBERS IN A ROW....

    THANKS, FOR NOTICING MY POINT.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


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    Quote Originally Posted by Grokmaster View Post
    AND SHE WAS WRONG. AMERICAN CONSUMER CONFIDENCE BLEW AWAY PREDICTIONS , JUST LIKE CONSUMER SPENDING INCREASES (a RECORD 8.2% ) AND JOBS...TWO RECORD JOB NUMBERS IN A ROW....

    THANKS, FOR NOTICING MY POINT.
    Cherry picking gets you nowhere.

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    Coffiend (07-14-2020)

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    Quote Originally Posted by floridafan View Post
    Cherry picking gets you nowhere.
    WHICH IS WHY I POSTED THE ACTUAL NUMBERS...AKA: THE FACTS.

    TRY IT SOMETIME.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

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    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

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    Quote Originally Posted by Grokmaster View Post
    WHICH IS WHY I POSTED THE ACTUAL NUMBERS...AKA: THE FACTS.

    TRY IT SOMETIME.
    Why not post the entire article?
    This economy will NEVER rebound until the virus is under control. And where are we after these 4-5 months? On the road to recovery as so many European and Asian countries are, No. The rate of infections are higher now that they were back in March. We are moving backward, not forward.

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    Quote Originally Posted by Grokmaster View Post
    THE AMERICAN PEOPLE AREN'T BUYING THE "EXPERT'S" BULLSHIT.WE KNOW WE ARE GETTING GOING NICELY.



    U.S. consumer confidence for June jumps more than expected


    The Conference Board’s consumer confidence index rose to 98.1 for the month.

    Economists polled by Dow Jones expected consumer confidence to rise to 91 from a May reading of 85.9.

    “The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board.



    The re-opening of the economy and relative improvement in unemployment claims helped improve consumers’ assessment of current conditions,” said Lynn Franco, senior director of economic indicators at The Conference Board. Franco noted, however, “the Present Situation Index suggests that economic conditions remain weak.







    https://www.cnbc.com/2020/06/30/us-c...june-2020.html


    NO ONE IS BUYING YOUR BULLSHIT < FRANCO, ETAL....
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels,"

    Pre-pandemic, we were in a recession.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Grokmaster View Post
    AND SHE WAS WRONG. AMERICAN CONSUMER CONFIDENCE BLEW AWAY PREDICTIONS , JUST LIKE CONSUMER SPENDING INCREASES (a RECORD 8.2% ) AND JOBS...TWO RECORD JOB NUMBERS IN A ROW....

    THANKS, FOR NOTICING MY POINT.
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels,"

    How is that "blowing away" expectations?

    Pre-pandemic, we were in a recession. Manufacturing has been in a recession for longer.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by floridafan View Post
    Why not post the entire article?
    This economy will NEVER rebound until the virus is under control. And where are we after these 4-5 months? On the road to recovery as so many European and Asian countries are, No. The rate of infections are higher now that they were back in March. We are moving backward, not forward.
    THE FAKE NEWS CONTINUES TO BE WRONG; THEY WERW WRONG ABOUT JOBS GROWTH, AND CONSUMER SPENDING IN BOTH MAY AND JUNE, AND CONTINUE TO BE WRONG ABOUT CONSUMER ATTITUDES.

    THE POINT OF THE THREAD. THEIR BULLSHIT IS MEANINGLES, AS THE AMERICAN PEOPLKE CONTINUE TO BLOW IT OUT OF THE WATER....AND WILL CONTINUE TO DO SO.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


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    Quote Originally Posted by Grokmaster View Post
    THE FAKE NEWS CONTINUES TO BE WRONG; THEY WERW WRONG ABOUT JOBS GROWTH, AND CONSUMER SPENDING IN BOTH MAY AND JUNE, AND CONTINUE TO BE WRONG ABOUT CONSUMER ATTITUDES.

    THE POINT OF THE THREAD. THEIR BULLSHIT IS MEANINGLES, AS THE AMERICAN PEOPLKE CONTINUE TO BLOW IT OUT OF THE WATER....AND WILL CONTINUE TO DO SO.
    You know quite well, that's total bullshit. Our biggest states are shutting down, we are on our way back to square one. There is nothing that this economy can do now to help trump. Can you believe that Biden who hides in his basement, as you like to point out, is now leading in the state of TX.

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    Quote Originally Posted by floridafan View Post
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.

    She added, "Faced with an uncertain and uneven path to recovery, and a potential COVID-19 resurgence, it's too soon to say that consumers have turned the corner and are ready to begin spending at pre-pandemic levels."
    The cutoff date for this survey was June 18th, therefore it reflects consumer confidence in the first half of June, when the economy was re-opening, and before the recent spikes in cases caused numerous states to roll back their re-opening plan. Similar to the unemployment survey, which also reflects the first half of the month, this is unsurprising. Expect it to fall in July, and if the virus isn't under control, expect it to fall even further as the unemployment rate rises again. The market was taking off at this same time. Now, much less so. We are all the way back to where we were in March, except apparently the strategy now is just to let people die so Trump can claim a good economy. He will stop at nothing. Everyone one of his supporters is complicit.

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    Quote Originally Posted by LV426 View Post
    "Consumer Confidence partially rebounded in June but remains well below pre-pandemic levels,"

    Pre-pandemic, we were in a recession.
    HORSE SHIT. STILL TRYING THAT PACK OF LIES, HUH?


    INSTEAD OF BEING HAPPY THAT THE NAYSAYERS ARE WRONG, AGAIN...SEE HOW THE ALWAYS DESPERATE LEFT HAS TO CHEER AGAINST AMERICA.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

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    Quote Originally Posted by floridafan View Post
    You know quite well, that's total bullshit. Our biggest states are shutting down, we are on our way back to square one. There is nothing that this economy can do now to help trump. Can you believe that Biden who hides in his basement, as you like to point out, is now leading in the state of TX.

    YOU HAVE A PROBLEM WITH THE TRUTH....EVERYTHING THAT IS GOING ON ECONOMICALLY IN THE US IS BETTER THAN THE NAYSAYERS CLAIMD , INCLUDING THE ONES IN THI ARTICLE....EHO ARE FIRCED TO ADMIT IT, EVEN WHILE THEY TRY TO DOWNPLAY/DENY IT.


    JUST LIKE YOU = FUNNY.
    Last edited by Grokmaster; 07-14-2020 at 06:29 PM.
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

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    Quote Originally Posted by Grokmaster View Post
    HORSE SHIT. STILL TRYING THAT PACK OF LIES, HUH?


    INSTEAD OF BEING HAPPY THAT THE NAYSAYERS ARE WRONG, AGAIN...SEE HOW THE ALWAYS DESPERATE LEFT HAS TO CHEER AGAINST AMERICA.
    It's not a lie that we were in a recession in February, it's the truth.

    It's official: Recession began in February, ending longest U.S. expansion ever
    https://www.cbsnews.com/news/united-...rted-february/

    Thanks for nothing.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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