Consumer Confidence Increases, Hits a 5 Year High

Consumer Confidence Increases, Hits a 5 Year High

U.S. consumer confidence was a reading of 81.5 in August, the Conference Board reports. this is a small increase from the prior month’s revised reading of 81.0.

The present situation index declined to a reading of 70.7 from 73.6 in July. The future expectations index grew though, increasing to 88.7 from 86.0 in July.

Consumer confidence reached 82.1 in June, but excluding that this is the highest confidence has been since January 2008.

Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue MountainBlue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More

consumer confidence


No posts to display