Republicans’ Confidence Rebounds In December As Inflation Fears Ease

Republicans’ Confidence Rebounds In December As Inflation Fears Ease

Analysts expected the final data for University of Michigan to confirm the preliminary prints with a very modest rebound from post-COVID lows (and 10 year lows) and they were right but we note that current conditions dipped from the early month data while expectations inched higher…

Source: Bloomberg

All political cohorts saw an improvement in sentiment in December, but Republicans picked up the most…

Source: Bloomberg

It seems bad news for Biden is good news for Republicans’ sentiment.

The rebound in buying attitudes actually weakened throughout the month (though still improved overall)…

Source: Bloomberg

Finally, inflation expectations dipped very modestly in the final December data…

Source: Bloomberg

Is Powell’s proactive taper talk actually working on Americans?

Tyler Durden
Thu, 12/23/2021 – 10:18

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