Oh man
*UMICH PRELIM APRIL CONSUMER SENTIMENT FALLS TO 50.8; EST 53.8
*MICHIGAN 5-10 YR INFLATION EXPECTATIONS RISE TO 4.4% VS 4.1%
*UMICH YR-AHEAD EXPECTED INFLATION AT 6.7%, HIGHEST SINCE 1981
*UMICH PRELIM APRIL CONSUMER SENTIMENT FALLS TO 50.8; EST 53.8
*MICHIGAN 5-10 YR INFLATION EXPECTATIONS RISE TO 4.4% VS 4.1%
*UMICH YR-AHEAD EXPECTED INFLATION AT 6.7%, HIGHEST SINCE 1981
Comments
CHALLENGES THEIR WORLDVIEW (conservative media)
It measures consumer sentiment accurately. even conservatives are nervous.