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S&P Credit Research656 word report
published Oct 30, 2009
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S&P Credit Research
| Abstract: | The University of Michigan Consumer Sentiment Index's final reading reportedly edged up to 70.6 in October from the 69.4 preliminary reading, though well below the jump to 73.5 seen in September. The headline number was just over the 70 figure that markets had expected. Current conditions rose to 73.7 from the 72.1 preliminary number and above the 73.4 reading seen in September. Expectations rose to 68.8 from 67.6 in the preliminary report, but below the 73.5 figure seen in September. The one-year ahead inflation reading edged up to 2.9% from 2.8%—above September's 2.2% reading. The figures weren't far from market expectations and will likely have a small impact on markets today.
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| Brief Excerpt: | You are not entitled to view this Article. For technical support, please contact your help desk. Published by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. Executive and Editorial offices:...
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| Report Type: | Commentary
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| Sector: | Global Issuers, Public Finance, Structured Finance
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
