Falling Gas Prices, Rising Wages, Fuel Stronger Than Expected Consumer Sentiment

[Hang on Sloopy]

A recession is three consecutive quarters of declining GDP. I think we'll rocket past a recession and go into a full blown global depression after the moronic moves governments have made in the past two years.

A severe depression every 100 yrs clears all the cobwebs out

Hopefully it makes 1929 look mild

 

[Hang on Sloopy]

Is that why Joe Biden's most recent poll has him around 36%.

Interviewing democraps only too

 

[Flash]

Conservatives will continue to lie about the economy regardless of the facts.

Liberals will continue to fuck up the economy regardless. You can't make the US a Socialist shithole without fucking everything created by Capitalism up. The desire of these idiot greedy Progressives is to turn the US into a Socialist shithole so they can get their free stuff.

Liberals don't know any more about Economics than they know about History, Biology, Climate Science, Ethics or the Constitution.

 

[Indeependent]

A severe depression every 100 yrs clears all the cobwebs out

Hopefully it makes 1929 look mild

We never truly recovered from 2008.

 

[justoffal]

Stop being positive it kills Republicans.

Falling what? Bwahhhhhhhahahahahaaaaaah
Falling gas prices? Huh?

Jo

 

[justoffal]

Liberals will continue to fuck up the economy regardless. You can't make the US a Socialist shithole without fucking everything created by Capitalism up. The desire of these idiot greedy Progressives is to turn the US into a Socialist shithole so they can get their free stuff.

Liberals don't know any more about Economics than they know about History, Biology, Climate Science, Ethics or the Constitution.

I can't believe they have the nerve to even mention gas prices.

If a suit was $100 on Monday and on Tuesday it was raised to $700 and then on Thursday they had a half price sale for 350 the liberals here would think they got 50% off instead of paying $350%. This is the gas price brag.

 

[Moonglow]

Falling what? Bwahhhhhhhahahahahaaaaaah
Falling gas prices? Huh?

Jo

I paid $3.34 in Bentonville, Ar yesterday and it was $3.79

 

[Moonglow]

I can't believe they have the nerve to even mention gas prices.

If a suit was $100 on Monday and on Tuesday it was raised to $700 and then on Thursday they had a half price sale the 350 the liberals here would think they got a bargain.

Why would I buy a suit I consider them representative of corporate prison garb.

 

[justoffal]

I paid $3.34 in Bentonville, Ar yesterday and it was $3.79

You should be paying $1.99 and everybody knows it.

 

[justoffal]

Why would I buy a suit I consider them representative of corporate prison garb.

Can't argue that one.

 

[Cellblock2429]

Buoyed by falling gas prices and a strong labor market, consumer sentiment jumped "unexpectedly" in early April to hit a three-month high, according to the University of Michigan's sentiment index.

Due to continued inflation, economists had expected the sentiment index to continue its downward trend to 59 after a final reading of 59.4 in March. Instead the index rose to 65.7 in early April, a reversal that marked the measure's first improvement since December.


The 10.6% bump in sentiment was primarily fueled by improved consumer expectations.

"A strong labor market bolstered wage expectations among consumers under age 45 to 5.3%—the largest expected gain in more than three decades, since April 1990," wrote Richard Curtin, chief economist for the Surveys of Consumers.

Falling gas prices, rising wages fuel unexpected jump in U.S. consumer sentiment

Buoyed by falling gas prices and a strong labor market, consumer sentiment jumped "unexpectedly" in early April to hit a three-month high, according to the University of Michigan's sentiment index. Due to continued inflation, economists had expected...

m.dailykos.com

Good news going good not summer.

/------/ From your link: "Pump prices could pull back to the $3.50-$4 a gallon range by Memorial Day, said Bob Yawger, director of the futures division at Mizuho Securities. The decline would correlate to West Texas Intermediate crude futures trading in the $85-100 a barrel range, he said."

 

[Moonglow]

Can't argue that one.

The necktie is the neck slave collar.

 

[Moonglow]

/------/ From your link: "Pump prices could pull back to the $3.50-$4 a gallon range by Memorial Day, said Bob Yawger, director of the futures division at Mizuho Securities. The decline would correlate to West Texas Intermediate crude futures trading in the $85-100 a barrel range, he said."
View attachment 631037

All Biden needs to do is shut down the US and ruin the economy and you can have cheap gas.

 

[Moonglow]

You should be paying $1.99 and everybody knows it.

Everyone but the capitalist and OPEC since they made an agreement to drop production along with Russia at Trump's behest...The largest reduction of oil production in history...They were trying to control prices when oil dropped to a negative value in 2020.

 

[Meathead]

Buoyed by falling gas prices and a strong labor market, consumer sentiment jumped "unexpectedly" in early April to hit a three-month high, according to the University of Michigan's sentiment index.

Due to continued inflation, economists had expected the sentiment index to continue its downward trend to 59 after a final reading of 59.4 in March. Instead the index rose to 65.7 in early April, a reversal that marked the measure's first improvement since December.


The 10.6% bump in sentiment was primarily fueled by improved consumer expectations.

"A strong labor market bolstered wage expectations among consumers under age 45 to 5.3%—the largest expected gain in more than three decades, since April 1990," wrote Richard Curtin, chief economist for the Surveys of Consumers.

Falling gas prices, rising wages fuel unexpected jump in U.S. consumer sentiment

Buoyed by falling gas prices and a strong labor market, consumer sentiment jumped "unexpectedly" in early April to hit a three-month high, according to the University of Michigan's sentiment index. Due to continued inflation, economists had expected...

m.dailykos.com

Good news going good not summer.

When you have source Daily Kos for good news about Brandon, you've already lost.

 

[Devils_Advocate]

I am going to take the Op to task over his source because his source is a far left leaning site that will spin anything bad and leave out details so that it can praise the Democratic President.

The Kos is the equivalent of Gateway Pundit and shouldn’t be taken as a serious source seeing it is a site that allow anyone including the OP to post drivel that support their DSA views…

 

[Flash]

You should be paying $1.99 and everybody knows it.

Like it was before the Democrats stole the election from Trump.

 

[Papageorgio]

Conservatives will continue to lie about the economy regardless of the facts.

What facts are being lied about? Inflation? Supply chains? Fuel prices way up? Go ahead tell us that it is all a lie that is being told about the economy.

 

[Papageorgio]

Looks like skew has once again posted and is running away. He can't seem to defend his source.

 

[Papageorgio]

This survey has been being done by Mich since 1962.

Surveys of Consumers

Do try and keep up

Numbers are pretty bad, down 25% from last year.

Unless we get a handle on inflation, we are going to be in real trouble real soon.

Too bad the op wasn't smart enough to use your link, but I never figured him as bright, he is just a Dem propagandist that is happy he doesn't need to think.