Consumer confidence from the Conference Board

  • Second-highest level since 2000
  • Prior was 121.1 (revised to 120.0)
  • Present situation 151.2 vs 145.4 prior
  • Expectations 104.0 vs 103.0 prior

It's always better to see consumer confidence led higher by the 'present situation' component. The expectations turned into a political-happiness gauge for awhile.

  • 1 year inflation expectations 4.5% vs 4.6% prior
  • Jobs hard-to-get 17.3 vs 18.7 prior