U.S. consumer sentiment declines sharply due to Covid-19 pandemic

U.S. consumer sentiment just dropped from a near record-high to its lowest level in eight years.Q4 2019 hedge fund letters, conferences and moreA new Refinitiv Ipsos survey conducted on March 24-25 finds that U.S. consumer sentiment fell sharply in the past few weeks, in the environment of the COVID-19pandemic. Additionally, two thirds of adults surveyed say that, compared to six months ago, they are less comfortable making a major purchase like a home or a car (67%) and other household purchases (66%).Jharonne Martis, Director of Consumer Research at Refinitiv, said, “More U.S. consumers are …

Read More