UMich consumer sentiment highlights the US economic calendar

<p>Happy Friday.</p><p>Or at least it would be if US consumers were in a better mood. UMich consumer sentiment has struggled to reach its pre-pandemic levels for years despite a robust economy with plenty of jobs.</p><p>Does that mean it's a broken indicator that's been polluted by politics (like everything)? Yes it absolutely does.</p><p>But will it move markets anyway: Yes again.</p><p>The consensus is 63.7 from 63.8 a month ago and it's out at 10 am.</p><p>Mercilessly, the Fed calendar is limited to Bostic at 9 am ET.</p>

This article was written by Adam Button at www.forexlive.com.