Future Expectations.

A new edition of 'Key Precincts'.

---

Taegan Goddard and I recorded another podcast yesterday, which is now live at Key Precincts. Taegan is the founder and editor of Political Wire, a comprehensive site for political stories, constantly updating throughout the day, every day. If you follow politics at all, you’re probably a Political Wire reader.

In this episode of our “Key Precincts” podcasts we talk about Rupert Murdoch’s retirement, Fox News’s unsuccessful effort to make Donald Trump disappear and, on the eve of the second debate, where things stand in the GOP presidential nomination campaign. It’s 22 minutes long. We hope you’ll listen.

---

1. The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 103 in September from 108.7 in August. Analysts were expecting a smaller decrease, to a reading of 105. The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. Most troubling was the decline in the index measuring future expectations, which tumbled to 73.7 in September from 83.3 in August. Readings below 80 for future expectations historically signal a recession within a year. (Source: apnews.com)

---