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QVMS - A Bounce In Expectations Pushed Consumer Sentiment Up In Early April
Invesco S&P SmallCap 600 QVM Multi-factor ETF
The preliminary April results from the University of Michigan Surveys of Consumers show overall consumer sentiment bounced higher in early April after hitting a multiyear low in March.
The rebound in consumer sentiment, particularly in future expectations, may have been a knee-jerk reaction to lower gas prices.
The overall economic outlook remains highly uncertain.