How was that sideshow in Wyoming today?
Here’s what came out of Ann Arbor this morning…
From Bloomberg:
Confidence among U.S. consumers dropped in August to the lowest level since November 2008, pointing to little pickup the biggest part of the economy.
The Thomson Reuters/University of Michigan final index of consumer sentiment fell to 55.7 this month from 63.7 in July. The gauge was projected at 55.8 after a preliminary reading of 54.9, according to the median forecast of economists surveyed by Bloomberg News.
So, ya know…
Ben’s magic beans may have made your portfolio look better for a few months, but Ben can’t speed up time.
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