US January consumer confidence 125.4 vs 123.0 expected

Consumer confidence from The Conference Board

• Prior was 122.1 (revised to 123.1)
• Present situation 155.3 vs 156.5 prior
• Expectations 105.5 vs 100.8
• Jobs hard-to-get at 16.4 vs 16.0 prior
• 1-year inflation expectation 4.6% vs 4.8% prior

That dip in inflation expectations offsets the positive headline although the market isn't reacting anyway.

From the report: "Consumers were somewhat ambivalent about their income prospects over the coming"

Translation: Don't care so long as I got my Netflix and pizza.