UMich December prelim consumer sentiment 74.0 vs 73.0 expected ...Middle East

Prior was 71.8Current conditions 77.7 vs 63.9 priorExpectations 71.6 vs 76.9 prior1-year inflation 2.9% vs 2.6% prior 5-year inflation 3.1% vs 3.2% priorThis report isn't about consumer spending, it's about politics. Act accordingly:I suspect the jump in one-year inflation expectations is about tariff fears. This article was written by Adam Button at www.forexlive.com.

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