http://www.cnbc.com/id/45075556
"The sentiment index picked up to 60.9 from 59.4 the month before, topping expectations for 58.0 among economists polled by Reuters. The preliminary October survey had seen a decline to 57.5."
"The survey's gauge of consumer expectations also improved from the more than 30-year lows registered in the preliminary reading."
"The index rose to 51.8 from 49.4 in September, while the barometer of current economic conditions was up at 75.1 from 74.9."
"A gauge of current personal finances edged up to 77 from 76, but expected personal finances eased to 103 from 104."
Overall between the deal in Europe-the 50 percent haircut on Greek bonds and the quadrupling of the EFSF bailout fund-and improved U.S. numbers we may be getting out of this. It is at least reasonably possible. Yet I find many currently reluctant to even consider this. On the Right this makes sense as they need a bad economy as they think it improves the GOP's chances next November.
Yet I find many liberals involved with Occupy Wall Street, etc. who wont entertain the possibility.. Someone I spoke to even believes that the improved numbers are all "lies" meant to slow down the OWS movement. While I fully support the aims of the movement and may go to Zucotti myself soon to check it out this sense that some don't even want the economy to get better as they fear it could dampen the movement are missing the point that the movement is for many the means rather than the end itself. Many people are marching because they want and need jobs, mortgage help and a livable wage. Those who are actually living comfortably seem to think that whether some economic indicators are accurate is not important. On this they are wrong. I support OWS and hope it fulfills its objectives. But the economy actually getting better can't hurt OWS-if it can then OWS has something wrong with it.
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