Americans' Comfort Soared To 17-Year High As Stocks Crashed | Zero Hedge
Description: The Bloomberg Consumer Comfort Index surged in the week-ending Feb 9th (matching its biggest weekly jump in 9 years) to its highest since 2001... as the US equity market crashed...

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## Gold: You Call That a Dip?

by Vince Lanci - Feb 14, 2018 9:45 am

Buy it when you can, not when you have to?

## PoRTRaiT oF OBoNGo...

by williambanzai7 - Feb 14, 2018 1:00 am

Smoke and drone...

## Why the Fed is Secretly TERRIFIED of Inflation

by Phoenix Capita… - Feb 14, 2018 11:57 am

When inflation rises, Treasury yields rise to accommodate for this.

# Americans' Comfort Soared To 17-Year High As Stocks Crashed

The Bloomberg Consumer Comfort Index surged in the week-ending Feb 9th (matching its biggest weekly jump in 9 years) to its highest since 2001... as the US equity market crashed...

As Bloomberg notes, consumers remain upbeat about the economy, their finances and the buying climate, representing a disconnect from volatility in the stock market that culminated in a 5.2 percent slump in the Dow Jones Industrial Average last week.

Comfort among married Americans reached its highest since January 2001, which at 64.8, is far higher than for singles.

Sentiment among political independents reached its strongest reading since February 2001.

Confidence among Republicans, while falling last week, remained higher than that of Democrats.

Comfort levels increased the most among Americans in the South and West.

Tags
Politics
Business Finance

## Comments

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koaj Wed, 02/14/2018 - 15:14 Permalink

Helps when you have a few more bucks in your paycheck. It's not rocket science

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Dindu Nuffins koaj Wed, 02/14/2018 - 15:18 Permalink

The (((stock market))) is not America.

In reply to Helps when you have a few… by koaj

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toady Dindu Nuffins Wed, 02/14/2018 - 15:20 Permalink

Damn Americans

In reply to The (((stock market))) is… by Dindu Nuffins

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Give Me Some Truth toady Wed, 02/14/2018 - 15:26 Permalink

The "Bloomberg Comfort Index" could be called the Bloomberg BS Index.

No way in hell Americans (outside the top 5 percent) are more comfortable than they've been at any time in the past 17 years.

In reply to Damn Americans by toady

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gatorengineer Dindu Nuffins Wed, 02/14/2018 - 15:24 Permalink

They simply had the confidence that the fed would buy the dip..... and they werent disapointed.

Get your DOW 30k hats....

In reply to The (((stock market))) is… by Dindu Nuffins

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Iconoclast421 Wed, 02/14/2018 - 15:16 Permalink

Wait what crash? Stock market is actually up this year!

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Drater Iconoclast421 Wed, 02/14/2018 - 15:26 Permalink

My first thought also...when did the market "crash" recently?

In reply to Wait what crash? by Iconoclast421

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Quantify Drater Wed, 02/14/2018 - 15:32 Permalink

Indeed an attempt at controlling inflation with interest rate hikes which is useless. They can't prevent the inevitable inflation from the spending that has been going on by a out of control government for 10 years.

In reply to My first thought also...when… by Drater

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Brazen Heist Wed, 02/14/2018 - 15:17 Permalink

Wait until the pension funds go short. That's when the comfort level will flip.

The crash hasn't arrived yet. Nobody knows the timing. But there will be indicators. This is the first warning sign of the year to not be complacent in the times ahead as an investor.

As a trader, its a different story...

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strangeglove Wed, 02/14/2018 - 15:19 Permalink

This makes me rest easy, not!

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Don Sunset Wed, 02/14/2018 - 15:21 Permalink

UST 10YR currently at 2.92 (high of the day)

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Bill of Rights Don Sunset Wed, 02/14/2018 - 15:25 Permalink

OMG THE WORLD IS COMING TO AN END...

In reply to UST 10YR currently at 2.92 … by Don Sunset

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the 300000000t… Wed, 02/14/2018 - 15:23 Permalink

Haha, consumers are confident. Wtf do average consumers know? I'll tell you, the same as the square root of f$CK all. Consumers were confident right up until late 2007 too. But no one saw that coming right? Everything is a joke now.

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Brazen Heist the 300000000t… Wed, 02/14/2018 - 15:26 Permalink

Yeap....most consumers are laggards.

In reply to Haha, consumers are… by the 300000000t…

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Bill of Rights Brazen Heist Wed, 02/14/2018 - 15:28 Permalink

So where do you shop? The local dumpster?

In reply to Yeap....most consumers are… by Brazen Heist

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besnook Wed, 02/14/2018 - 15:25 Permalink

what made up shit. the comfort level chart is amusing, though. sentiment and reality don't correlate well.

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Bill of Rights besnook Wed, 02/14/2018 - 15:27 Permalink

Really...well the parking lot across the street is full of shoppers as is the mall up the street...must be a mirage...

In reply to what made up shit. the… by besnook

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Jason T Wed, 02/14/2018 - 15:26 Permalink

get all commando on that shit.

..oh, wrong thread.

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