Guess what occurs subsequent?
The interviews for this survey concluded earlier than the election however we’ll see a shift within the closing quantity and a much bigger one subsequent month.
- Present situations 64.4 vs 64.9 prior
- Expectations 78.5 vs 74.1 prior
- 1-year inflation 2.6% vs 2.7% prior (lowest since Dec. 2020)
- 5-year inflation 3.1% vs 3.0% prior
This indicator was once very helpful however in a hyper-polarized world it now presents little or no predictive energy on client spending.
This text was written by Adam Button at www.forexlive.com.