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“No event is more anxiously awaited in my household than the monthly publication of the IBD/TIPP Economic Optimism Index. This tantalizing forecast gives investors a sneak preview of the consumer confidence ratings that will be published later in the month by the University of Michigan and the Conference Board. I know I speak for many when I say that nothing is more thrilling than getting one's grubby little fingers on this data. Nothing.” Joe Queenan – Smart Money
'Whisper numbers' on consumer sentiment ahead of the (Michigan) report's release were higher after a strong rise seen on Tuesday in the Investor's Business Daily/TechnoMetrica survey, often a leading indicator for the better-known Michigan poll. As a result, US equities prices showed little response to a report that could alleviate worries about the holiday shopping season, while benchmark Treasury yields ticked lower." Reuters
"We are talking money politics with Pat Toomey, Jared Bernstein, Don Luskin, John Rutledge. Pat Toomey, the TIPP Poll which has a great accurate record..." CNBC's Kudlow and Company: What I'm saying is a TIPP Poll... this poll is interesting because it has a very high degree of accuracy..." CNBC's Kudlow and Company