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Michigan Confidence Pushing Towards 100

TedTed
in The OT Bullpen
FYI: University of Michigan Consumer Sentiment is probably the top economic confidence measure used by Wall Street. The index has a base value of 100 from December 1964, but as shown below, the measure has rarely been above 100. The only prolonged period where Michigan Confidence was above 100 was from 1996 to early 2000.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2015/2/11/michigan-confidence-pushing-towards-100.html?printerFriendly=true
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