Headline: 71.8
Expectations: 73.5
Analysis: Expectations were for a slight fall over last month's 74.3. We got a somewhat bigger fall than expected, suggesting that fuel price concerns aren't completely out of the consumer's mind.
Further, it's likely recent weakness in jobs data isn't helping matters either.
Not much market reaction to the news, however.
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See Also:
- The 13 States Where Homeowners Are Drowning Under Mortgage Debt
- Societe Generale On The Three Ways Underwater Mortgages Are Halting The American Recovery
- Hussman: The Government Is Too Afraid To Do The One Thing That Would Save The Economy
Source: http://feedproxy.google.com/~r/TheMoneyGame/~3/gKfIka_7-JU/consumer-sentiment-june-2011-6
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