M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Flying under the radar screen today, and understandably so given the amount of other news, the University of Michigan's US consumer sentiment measure came in at 71 for April. This compares to consensus expectations of 75. The one-month drop in the current conditions indicator was the biggest in history, highlighting the shock and pain felt by households. #economy #confidence #sentiment
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