• Prior was 50.3
• Current conditions vs 51.3 expected (52.3 prior)
• Expectations vs 51.2 expected (49.0 prior)
• One-year inflation 4.1% vs 4.7% prior
• Five-year inflation 3.2% vs 3.6% prior

The UMich survey is flawed but the Fed still looks at it. Those inflation numbers are a real green light to cut rates. The stock market should like this.

This article was written by Adam Button at investinglive.com.



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