The second question is about the expectations index.

And the question is, six months from now,

do you think the economic conditions will be better,

or will they be the same, or will they be worse?

The third question is, again, about the present situations index.

The third question is,

what would you say about available jobs in your area right now?

Are there plenty of jobs, not so many, or is it hard to get?

The fourth and the fifth question is about the expectations index.

So the fourth question is, six months from now do you think there will be more jobs,

the same number of jobs as there are right now, or lesser number of jobs?

And the final question, the fifth question is, what would you guess your total

family income to be six months from now, higher, about the same, or lower?

So based on these five questions,

three of which is used to measure the expectations index and

two of them is used to measure the present situations index,

we calculate the consumer confidence index.

So based on this, essentially you gauge consumer confidence.

What is the impact of consumer confidence on stock markets, on bond markets,

on currency markets?

First the stock markets.