Surprised?! Are you kidding me? I’m freaking shocked that consumer confidence is as high as it is. Employers laying off left and right, gas is up, food is up, wages are cut, and taxes are going up. Now, how can anyone with an IQ above 20 have confidence in what is going on?
That’s why I bailed out of the market, (except for my 401k). It’s a rigged game that reacts to things the average person doesn’t know about.
My brother and I play “Look at the empty store fronts” whenever we go out (which isn’t often anymore). It’s getting much easier.
And of course the market is going up on this news.
“I’m freaking shocked that consumer confidence is as high as it is.”
Likewise with me.
The way I figure it is either the numbers are cooked or the only people surveyed are those who are looking forward to the type of America the elites are ramming down our throat.
Those that have confidence, work for...you guessed it, the government.
They have all their goodies paid for, it’s rare they ever get fired, they get more time off than any of those in the public sector, they have their little parties on our dime, they get free healthcare, their retirement plans are as good as it gets.
So yes, they ARE confident!