#98 - Consumers Are Uncertain of the Future

Last week the Institute for Social Research (ISR) of the University of Michigan released their monthly report on consumer sentiment.  For the May report, the mid-month results indicate a preliminary consumer sentiment index of 67.4 that was revised up to 69.1 for the final May reading.  May is below the April’s final reading of 77.2.  Listen in this issue our analysis of this report and the potential insight to the future of the economy and stock market.