{"id":38549,"date":"2019-08-01T09:18:13","date_gmt":"2019-08-01T13:18:13","guid":{"rendered":"https:\/\/eresearch.com\/?p=38549"},"modified":"2020-02-05T12:07:24","modified_gmt":"2020-02-05T17:07:24","slug":"calafia-beach-pundit-u-s-consumer-confidence-is-soaring","status":"publish","type":"post","link":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/","title":{"rendered":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring"},"content":{"rendered":"

Today\u2019s article is entitled Consumer Confidence Is Soaring<\/strong>. Three charts, from the Conference Board, the University of Michigan, and Bloomberg all indicate that U.S. consumer confidence is approaching record high levels.<\/p>\n

You can read the article by clicking HERE<\/strong><\/a><\/p>\n

\u00a0<\/p>\n


\n

The Calafia Beach Pundit is Scott Grannis, who regularly writes an insightful and informative economic-oriented blog. Scott was Chief Economist from 1979-2007 at Western Asset Management, a Pasadena-based, global manager of fixed-income portfolios for institutional clients. He continues to keep up on economics, markets, and politics from his condo overlooking Calafia Beach on the southern California coast, where he likes to think that he is immune to Wall Street group-think. He is a believer in supply-side economic theory, as practiced by his mentors, Art Laffer, Larry Kudlow, and the late Jude Wanniski. John Rutledge is another of his mentors, from the days that they worked together at Claremont Economics Institute.<\/em><\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"

e<\/em>Research<\/strong> is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit<\/strong>. Today’s article uses three charts to show that U.S. consumer confidence is very high. [more]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":36969,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[49,97,94,3],"tags":[228,225,1198],"class_list":{"0":"post-38549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-calafia-beach-pundit","8":"category-economic-insights","9":"category-industry","10":"category-marketpundits","11":"tag-calafia","12":"tag-charts","13":"tag-confidence"},"yoast_head":"\nCalafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch\" \/>\n<meta property=\"og:description\" content=\"eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. Today's article uses three charts to show that U.S. consumer confidence is very high. [more]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\" \/>\n<meta property=\"og:site_name\" content=\"eResearch\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-01T13:18:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-05T17:07:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"325\" \/>\n\t<meta property=\"og:image:height\" content=\"149\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bob Weir\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bob Weir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\"},\"author\":{\"name\":\"Bob Weir\",\"@id\":\"https:\/\/eresearch.com\/#\/schema\/person\/f4f771248714151c1e5fb0c17d86651b\"},\"headline\":\"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring\",\"datePublished\":\"2019-08-01T13:18:13+00:00\",\"dateModified\":\"2020-02-05T17:07:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\"},\"wordCount\":161,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/eresearch.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png\",\"keywords\":[\"Calafia\",\"Charts\",\"Confidence\"],\"articleSection\":[\"Calafia Beach Pundit\",\"Economic Insights\",\"Industry\",\"Market Pundits\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\",\"url\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\",\"name\":\"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch\",\"isPartOf\":{\"@id\":\"https:\/\/eresearch.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png\",\"datePublished\":\"2019-08-01T13:18:13+00:00\",\"dateModified\":\"2020-02-05T17:07:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage\",\"url\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png\",\"contentUrl\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png\",\"width\":325,\"height\":149},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/eresearch.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eresearch.com\/#website\",\"url\":\"https:\/\/eresearch.com\/\",\"name\":\"eResearch\",\"description\":\"Investment Knowledge Pays Dividends\",\"publisher\":{\"@id\":\"https:\/\/eresearch.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eresearch.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/eresearch.com\/#organization\",\"name\":\"eResearch\",\"url\":\"https:\/\/eresearch.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eresearch.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2025\/01\/cropped-eR-25th-Anniversary-Logo-Website_v2.jpg\",\"contentUrl\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2025\/01\/cropped-eR-25th-Anniversary-Logo-Website_v2.jpg\",\"width\":680,\"height\":160,\"caption\":\"eResearch\"},\"image\":{\"@id\":\"https:\/\/eresearch.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/eresearch.com\/#\/schema\/person\/f4f771248714151c1e5fb0c17d86651b\",\"name\":\"Bob Weir\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eresearch.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/10\/bobheadshot-150x150.jpg\",\"contentUrl\":\"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/10\/bobheadshot-150x150.jpg\",\"caption\":\"Bob Weir\"},\"description\":\"Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).\",\"url\":\"https:\/\/eresearch.com\/author\/bobweir\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/","og_locale":"en_US","og_type":"article","og_title":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch","og_description":"eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. Today's article uses three charts to show that U.S. consumer confidence is very high. [more]","og_url":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/","og_site_name":"eResearch","article_published_time":"2019-08-01T13:18:13+00:00","article_modified_time":"2020-02-05T17:07:24+00:00","og_image":[{"width":325,"height":149,"url":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png","type":"image\/png"}],"author":"Bob Weir","twitter_misc":{"Written by":"Bob Weir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#article","isPartOf":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/"},"author":{"name":"Bob Weir","@id":"https:\/\/eresearch.com\/#\/schema\/person\/f4f771248714151c1e5fb0c17d86651b"},"headline":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring","datePublished":"2019-08-01T13:18:13+00:00","dateModified":"2020-02-05T17:07:24+00:00","mainEntityOfPage":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/"},"wordCount":161,"commentCount":0,"publisher":{"@id":"https:\/\/eresearch.com\/#organization"},"image":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage"},"thumbnailUrl":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png","keywords":["Calafia","Charts","Confidence"],"articleSection":["Calafia Beach Pundit","Economic Insights","Industry","Market Pundits"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/","url":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/","name":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring - eResearch","isPartOf":{"@id":"https:\/\/eresearch.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage"},"image":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage"},"thumbnailUrl":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png","datePublished":"2019-08-01T13:18:13+00:00","dateModified":"2020-02-05T17:07:24+00:00","breadcrumb":{"@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#primaryimage","url":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png","contentUrl":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/06\/CBP-crop-2.png","width":325,"height":149},{"@type":"BreadcrumbList","@id":"https:\/\/eresearch.com\/2019\/08\/01\/marketpundits\/calafia-beach-pundit-u-s-consumer-confidence-is-soaring\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/eresearch.com\/"},{"@type":"ListItem","position":2,"name":"Calafia Beach Pundit: U.S. Consumer Confidence Is Soaring"}]},{"@type":"WebSite","@id":"https:\/\/eresearch.com\/#website","url":"https:\/\/eresearch.com\/","name":"eResearch","description":"Investment Knowledge Pays Dividends","publisher":{"@id":"https:\/\/eresearch.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eresearch.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/eresearch.com\/#organization","name":"eResearch","url":"https:\/\/eresearch.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eresearch.com\/#\/schema\/logo\/image\/","url":"https:\/\/eresearch.com\/wp-content\/uploads\/2025\/01\/cropped-eR-25th-Anniversary-Logo-Website_v2.jpg","contentUrl":"https:\/\/eresearch.com\/wp-content\/uploads\/2025\/01\/cropped-eR-25th-Anniversary-Logo-Website_v2.jpg","width":680,"height":160,"caption":"eResearch"},"image":{"@id":"https:\/\/eresearch.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/eresearch.com\/#\/schema\/person\/f4f771248714151c1e5fb0c17d86651b","name":"Bob Weir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eresearch.com\/#\/schema\/person\/image\/","url":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/10\/bobheadshot-150x150.jpg","contentUrl":"https:\/\/eresearch.com\/wp-content\/uploads\/2019\/10\/bobheadshot-150x150.jpg","caption":"Bob Weir"},"description":"Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).","url":"https:\/\/eresearch.com\/author\/bobweir\/"}]}},"_links":{"self":[{"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/posts\/38549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/comments?post=38549"}],"version-history":[{"count":4,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/posts\/38549\/revisions"}],"predecessor-version":[{"id":38659,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/posts\/38549\/revisions\/38659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/media\/36969"}],"wp:attachment":[{"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/media?parent=38549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/categories?post=38549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eresearch.com\/wp-json\/wp\/v2\/tags?post=38549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}