Consumer 'euphoria' measured by Levkovich Index, currently at 35, indicating lack of confidence

From Google: 2024-08-16 17:41:36

The Levkovich Index is a new measure that tracks consumer ‘euphoria’ about the economy, with levels below 50 indicating less optimism. Currently, the index sits at 35, showing a lack of confidence among consumers. This data suggests that consumer sentiment may have a significant impact on the market in the near future. The index is seen as a valuable tool for predicting market trends and understanding consumer behavior. Investors are closely monitoring this index to gauge the overall economic outlook and make informed decisions.



Read more at Google: Measuring consumer ‘euphoria’ with the Levkovich Index – Yahoo Finance