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For your information, you can find below the description of the video What's Behind the Surprise Drop in US Consumer Sentiment? published by the Youtube channel Bloomberg Television:
Joanne Hsu, who directs the University of Michigan consumer sentiment survey, says consumers remain frustrated by the persistence of high prices, but they're benefiting from labor markets that remain relatively strong. Those two factors are offsetting each other, Hsu tells Bloomberg's Mike McKee, and the unexpected drop in the October sentiment index actually reflects little change in underlying conditions.
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