Consumer Sentiment Rises to Highest Since Jan. 2015

The video discusses the unexpected positive reaction to Trump's election victory, highlighting regional differences in optimism and the impact on economic sentiment. It explores how inflation concerns have decreased despite rising prices, suggesting other factors like employment are influencing personal finance perceptions. The video also examines the correlation between sentiment and economic indicators, noting that consumer surveys can provide early insights into economic trends.

What correlation was observed between inflation expectations and consumer sentiment?

How do consumer surveys relate to hard data in terms of economic indicators?