by Bill McBride on 10/12/2012 09:44:00 PM
Friday, October 12, 2012
Notes: Looks like the FDIC took another week off! I'm back from the housing forum in San Francisco. I'll write down a few thoughts on the forum this weekend. Here is a graph of consumer sentiment released this morning.
Click on graph for larger image.
The preliminary Reuters / University of Michigan consumer sentiment index for October increased to 83.1, up from the September reading of 78.3.
This is still fairly weak, but this is the highest level since 2007.