December prelim UMich shopper sentiment 53.3 vs 52.0 anticipated

• Prior was 50.3
• Current conditions vs 51.3 expected (52.3 prior)
• Expectations vs 51.2 expected (49.0 prior)
• One-year inflation 4.1% vs 4.7% prior
• Five-year inflation 3.2% vs 3.6% prior

The UMich survey is flawed but the Fed still looks at it. Those inflation numbers are a real green light to cut rates. The stock market should like this.

This article was written by Adam Button at investinglive.com.