M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
This morning's sharp drop in the consumer sentiment--from 98.3 to 92.6--reinforces the theme of a leveling off of the US economic recovery. The latest data also constitutes another unfavorable miss relative to consensus expectations, taking the data surprise index more negative. #economy #US #consumption #consumerspending #markets
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#economy
#US
#consumption
#consumerspending
#markets