U
US Consumer Sentiment
Description
The University of Michigan Consumer Sentiment Index measures consumer confidence regarding personal finances and business conditions. It is a leading indicator of consumer spending, which accounts for roughly 70% of US GDP, and provides early signals of economic turning points.
Key risks
macro-risk
This risk may negatively affect the instrument’s performance under certain market conditions.
The list of risks is not exhaustive and highlights the most material structural and market-related factors.
Portfolio role & behavior
Economic role
benchmarkregime-signal
Behavior
pro-cyclical
The information provided is for analytical and informational purposes only and does not constitute investment advice.
Any decisions are made independently by the user and at their own risk.
For details, see legal terms.