Unexpected jump in consumer sentiment coincides with polls showing Obama could lose. U.S. consumer sentiment unexpectedly rose to its highest level in five years in October. Economists are dumbfounded, there’s no economic explanation for it. May be a political one: “The unexpected bounce in consumer sentiment coincides with aftermath of the October 3 debate, after which Romney has soared in the polls.” Works for us.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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