US September UMich final consumer sentiment 70.1 vs 69.3 expected ...Middle East

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Prelim was 69.0Prior was 67.9Current conditions 63.3 vs 62.9 prelim (61.3 prior)Expectations 74.4 vs 73.0 prelim (72.1 prior)1-year inflation 2.7% vs 2.7% prelim5-year inflation 3.1% vs 3.1% prelimThe final revisions are rarely a market mover but the chart illustrates how this is a different picture than consumer confidence, which is nearing a breakdown.A big part of the divergence is that the UMich survey is influenced by a massive amount of partisanship. The comments in the survey also highlight politics:Consumer sentiment extended its early-month climb, ultimately rising more than 3% above August. This increase was seen across all education groups and political affiliations. Furthermore

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