retail news in context, analysis with attitude

NACS is out with its monthly Consumer Fuels Survey, concluding that "consumer pessimism related to gas prices and the economy remains high but did not increase in March ... While 59% of U.S. consumers once again indicated that they are 'very' or 'somewhat' pessimistic about the economy, the percentage saying that they are 'very pessimistic' about the economy seems to have peaked; 20% of consumers said that they were very pessimistic, compared to 23% the month prior. Pessimism about the economy remains highest in the West, with 27% of consumers saying that they were 'very pessimistic'."
KC's View:
Obviously, these folks are not heavily invested in the stock market.

Though I would not for a moment want to suggest that the stock market reflects the real US economy.