The University of Michigan released its preliminary Consumer Sentiment Index for December: 82.5. This number is well above the final November figure of 75.1 and the December 2012 number of 72.9. Rising consumer sentiment is correlated with real household income growth and augurs well for the 2013 holiday shopping season.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
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Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: