Tuesday, January 26, 2010

Consumer Confidence Index climbs in Jan.

http://finance.yahoo.com/news/Consumer-Confidence-Index-apf-518364660.html?x=0&sec=topStories&pos=2&asset=&ccode=

This is how they rate consumer confidence.
Who pays for this crap?
And how does this piss poor promotion of consumer confidence, have the ability to turn the market green let alone be seen as legitimate assessment of the overall public opinion?
You've got to be f*cking kidding me
And MSM reports on this mass illusion WHY?


"Consumers' short-term outlook, while moderately more positive, does not suggest any significant pickup in activity in the coming months," Lynn Franco, director of The Conference Board's Consumer Research Center, said in a statement.

Tuesday's figures are based on a survey of 5,000 households by the private research group.