University of Michigan Consumer Sentiment Index rose

The USA was announced on September 13, 2024 at 23:00.The University of Michigan Consumer Sentiment IndexThis is the result compared to the previous month's 67.9.69.0It was.

This is a preliminary value.

The rise in consumer purchasing desire isStocks are rising.This is the factor.

The University of Michigan Consumer Sentiment IndexSince hitting bottom in July 2022, it has formed an upward trend.

It had been falling from the high of 79.4 in April 2023, but since August,There are signs of an upward trend.It is showing signs of an upward trend.

The market values economic indicators that show the same consumer desire data.CCIIt is.

University of Michigan Consumer Confidence.andCCIAlthough it is similar economic data, it does not move in the same way.

The University of Michigan Consumer Sentiment IndexThe rise is not that significant.Stocks are rising.It cannot be a cause.

Nevertheless, the continuing upward trend can be seen as a positive sign.

Unemployment rateby rising

crude oilprices are falling

along with thatprice levelswill decrease

Buying interestis on the rise.

It can be said.

Unemployment rateThe rise in buying interest is risky, but it is not all bad. There have been rare cases in the past where stock prices rose even as unemployment rates increased.

This is a very rare case, so it is unlikely to happen again, but assuming that a rise in unemployment rate equals a decline in stock prices is dangerous.

In the current market, there is an increased possibility of a decline, so it is important not to let your guard down.

The movement of the economy after the interest rate cut is the most important, so I think it is important to carefully analyze the data.I believe it is important to assess the data as it is given the most emphasis.