Consumer sentiment was revised a little lower, but it is still the highest number since June of last year.  The report reflects a nation seized by anxiety.  This uncertainty goes all the way back to the market crash of 2000.  Since then, the stock market crashed again, but has since rebounded significantly above those 2000 levels.  Consumer confidence on the other hand is still 14% lower.

The markets are trading slightly in the green as we await Janet Yellen’s comments when she speaks to Gregory Mankiw, Harvard professor at 1:15 pm. She is to receive the university’s Radcliffe Medal.   

Volumes are very low and seems like traders have headed to the beach.  Have a safe, great Memorial Day weekend.