Friday, October 12, 2012

US consumer confident level raises to pre crisis days.

Confidence in U.S. consumers unexpectedly jumped for the month of October to the highest level since before the recession began 5years ago, raising the odds that retailers will see sales improve. If this were to carry on, we'll be into the peak period for US retailers come December - it's the holidays, Christmas and New Year's Day shopping.

The other indicators of a good time ahead; the rising stock market, improved property valuations and most importantly a falling joblessness for the last two months. This may be too early that what the economy of US is waiting for a boost.

Cheers to this.

Till then!

TJLim

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