Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | +0.35 | -0.43 | +0.15 | +0.10 | +0.10 | +0.05 | -0.01 | +0.00 | -0.05 | -0.05 | -0.05 |
Consumer sector sentiment is down sharply this month, weighed heavily by Procter & Gamble’s profit warning that erased a third of its market value, signaling pressure on margins and demand for everyday essentials. Although the broader read came out slightly positive at +0.20, the Dow’s tumble on the back of P&G’s miss reflects underlying skepticism about near-term consumer resilience despite any headline optimism.
How this mood is scored ▾
P&G warned earnings would fall far short on cost pressures, and the stock plunged about 30%, dragging the Dow down some 374 points. The shock showed old-economy stalwarts were being punished even before tech cracked.
On August 9, 2000, Bridgestone/Firestone announced a recall of about 6.5 million ATX, ATX II and Wilderness AT tires, many fitted as original equipment on Ford Explorer SUVs, amid a federal probe into dozens of rollover deaths tied to tread separations. The crisis, ultimately linked to more than 200 U.S. fatalities, gutted Firestone's brand, cost the companies well over $1 billion in recall and litigation expenses, and severed a near-century Ford-Firestone supply relationship.