Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Consumer confidence dropped to a record low this month amid trade-war fears, Bank of America says

Business Insider Wednesday, 11 September 2019 ()
Consumer confidence dropped to a record low this month amid trade-war fears, Bank of America says**

· *Bank of America Merrill Lynch's US consumer confidence indicator fell below 50 this month, the lowest reading on record. *
· *It shows that consumers are rattled by the latest trade war escalation, BAML economists said.*
· *US consumers are increasingly important to the economic expansion, and there are already...
0
shares
ShareTweetSavePostSend
 
Credit: Wochit News - Published < > Embed
News video: Consumer Confidence Hits A Record Low

Consumer Confidence Hits A Record Low 00:34

Bank of America Merrill Lynch's US consumer confidence indicator briefly fell below 50 this month. The firm's US consumer confidence indicator dipped 3.8 points to 50.1. According to Markets Insider, it's the lowest reading on record, showing consumers are rattled by the latest trade war escalation....

Recent related videos from verified sources

What To Expect from Sept Fed Meeting [Video]What To Expect from Sept Fed Meeting

Another month, another Federal Reserve meeting. Yes, it's already that time of the month. Steve Skancke, chief economic advisor at Keel Point, and Jacob Sonenshine, a reporter for TheStreet, sat down..

Credit: The Street     Duration: 04:03Published

New Survey Reveals Investor Fears Of Coming Recession Are At A Record High [Video]New Survey Reveals Investor Fears Of Coming Recession Are At A Record High

A new Bank of America Merrill Lynch survey reveals a record 25% of US credit investors see a recession hitting in the next year. Recession risk jumped to the third-highest overall concern for credit..

Credit: Wochit     Duration: 00:37Published


Recent related news from verified sources

Recession fears have hit an all-time high, a new Bank of America survey shows

Recession fears have hit an all-time high, a new Bank of America survey shows
· *A record 25% of US credit investors surveyed by Bank of America Merrill Lynch said they see a recession hitting in the next 12 months.* · *Recession risk...
Business Insider

Bank of America says fund managers' fears of a recession are at levels not seen since the depths of the financial crisis

Bank of America says fund managers' fears of a recession are at levels not seen since the depths of the financial crisis
· *Bank of America surveyed 235 fund managers, asking them a variety of questions including how likely a recession in the next year is, and whether interest...
Business Insider

You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.