US consumer sentiment from the University of Michigan for Oct 2021: • Prelim was 66.8 • Prior was 71.7 • Current conditions vs 73.2 prelim • Expectations vs 62.8 prelim • 1 year inflation % vs 4.9% prelim • 5-10 year inflation % vs 2.9% prelim (full story)

After plunging to decade-lows in preliminary data, analysts expected practically no bounce at all for the final November print of University Of Michigan's Sentiment survey, but in fact the data did bounce a little. • The headline print rose from 66.8 prelim to 67.4 final but remains well below the 71.7 October print. • Current Conditions rose from 73.2 prelim to 73.6 final for November (still below October's 77.7). • Expectations also rebounded modestly from 62.8 to 63.5 final, but well below the 67.9 final print from October. However, despite the intramonth bounce (which was small), headline sentiment remains at its ... (full story)