UMich final June consumer sentiment 49.5 vs 50.0 expected

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  • Prelim was 48.9
  • Final May reading was 44.8

This is still an improvement from May but not quite as big of one. In my view, this report no longer has any value for traders or economists. It hasn't been able to pick up any shifts in spending for years. It's a political barometer now.

This article was written by Adam Button at investinglive.com.

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