Consumer Comfort Index Marks 17-Year High - Adviser Investments

Consumer Comfort Index Marks 17-Year High

Chris Hagan, vice president at Adviser Investments, has the market analysis for Thursday, August 9. There was minimal trading volume across all the major U.S. stock indexes today.  Bloomberg released its Consumer Comfort Index indicating that U.S. consumer confidence is at a 17-year high as a result of a strong labor market, ongoing economic growth, low gas prices and other factors. Meanwhile, Chicago Fed President Charles Evans noted that potential inflation gains are “nothing to be worried about” as rates normalize.

Recent Videos

View All Videos

Lowell Weighs in on Powell

Lowell On Inflation and Much More

Lowell’s Year-End Strategies and Expectations for Fed Policy

Lowell on Fox Business: Consumers Not Yet Thwarted by Higher Prices

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.