

The October University of Michigan Confidence number is just shy of the lowest level since 1980. University of Michigan Consumer Confidence level is at levels not seen since the end of the 1970's bear market
Here is a better way of visualizing consumer confidence, or perhaps the markets confidence in the consumer? These have been my bread-n-butter on the short-consumer trade. LTM might go to the pink sheets, but I've covered my existing short. Will look to re-short this one on a bounce. Still holding some long-dated puts on RL though.