My comment: In my opinion it is time to drive social unrest toward peace, toward equality, toward justice, toward wellbeing for all not just for the wealthy, etc. Time to stop populism, time to stop lies, time to stop looking for scapegoats, etc.
Peace and best wishes. Xi On Feb 24, 4:07 pm, xi <[email protected]> wrote: > My comment: As expected we are already in the risky side. > > Peace and best wishes. > > Xi > > Obama Pressed to Use Nationwide Talk to Spark Hope on > Economyhttp://www.bloomberg.com/apps/news?pid=20601087&sid=a0DL0uM2K2fo&refe... > > On Feb 24, 4:03 pm, xi <[email protected]> wrote: > > > > >http://www.conference-board.org/economics/ConsumerConfidence.cfm > > > The Conference Board Consumer Confidence Index™, which had decreased > > moderately in January, declined in February, reaching yet another all- > > time low. The Index now stands at 25.0 (1985=100), down from 37.4 in > > January. The Present Situation Index declined to 21.2 from 29.7 last > > month. The Expectations Index decreased to 27.5 from 42.5 in January. > > > The Consumer Confidence Survey™ is based on a representative sample of > > 5,000 U.S. households. The monthly survey is conducted for The > > Conference Board by TNS. TNS is the world's largest custom research > > company. The cutoff date for February's preliminary results was > > February 18th. > > > Says Lynn Franco, Director of The Conference Board Consumer Research > > Center: "The Consumer Confidence Index™, which was relatively flat in > > January, reached yet another all-time low in February (Index began in > > 1967). The decline in the Present Situation Index, driven by worsening > > business conditions and a rapidly deteriorating job market, suggests > > that overall economic conditions have weakened even further this > > quarter. Looking ahead, increasing concerns about business conditions, > > employment and earnings have further sapped confidence and driven > > expectations to their lowest level ever. In addition, inflation > > expectations, which had been easing over the past several months, have > > moderately picked up. All in all, not only do consumers feel overall > > economic conditions have grown more dire, but just as disconcerting, > > they anticipate no improvement in conditions over the next six > > months." > > > Consumers' appraisal of overall current conditions, which was already > > bleak, worsened further. Those claiming business conditions are "bad" > > rose to 51.1 percent from 47.9 percent, while those saying business > > conditions are "good" edged up to 6.8 percent from 6.5 percent last > > month. Consumers' assessment of the labor market turned considerably > > more pessimistic in February. Those saying jobs are "hard to get" > > increased to 47.8 percent from 41.1 percent in January, while those > > stating jobs are "plentiful" fell to 4.4 percent from 7.1 percent. > > > Consumers' short-term outlook turned significantly more negative this > > month. Consumers anticipating business conditions will worsen over the > > next six months increased to 40.5 percent from 31.1 percent, while > > those expecting conditions to improve declined to 8.7 percent from > > 12.8 percent in January. > > > The employment outlook was also much grimmer. The percentage of > > consumers expecting fewer jobs in the months ahead increased to 47.3 > > percent from 36.9 percent, while those expecting more jobs declined to > > 7.1 percent from 9.1 percent. The proportion of consumers expecting an > > increase in their incomes declined to 7.6 percent from 10.3 percent.- Hide > > quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
