Michigan consumer sentiment for January surprised to the upside at 54, beating the 53.5 forecast. This stronger-than-expected confidence metric could signal resilience in US economic activity, with potential ripple effects across risk assets including crypto markets.
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FlashLoanPhantom
· 01-09 15:35
Damn, these numbers are better than expected? What about the crypto world? When will we also get an unexpected surprise?
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AirdropChaser
· 01-09 15:32
Hmm... this data sounds good, but I'm more concerned about whether this is just the prelude to a new rally.
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CryptoNomics
· 01-09 15:29
lol michigan sentiment beating by 0.5 points and suddenly we're pretending this moves the needle on macro? let me run the correlation matrix here... the r-squared on consumer confidence vs crypto flows is basically noise. ceteris paribus, you're confusing a statistical blip with actual systemic resilience.
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NotFinancialAdviser
· 01-09 15:27
Oh my, these data are really interesting. Are the Americans trying to recover their losses?
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MoonRocketTeam
· 01-09 15:09
Data exceeds expectations, this is fueling the next wave of the market. We're not far from launch.
Michigan consumer sentiment for January surprised to the upside at 54, beating the 53.5 forecast. This stronger-than-expected confidence metric could signal resilience in US economic activity, with potential ripple effects across risk assets including crypto markets.