US November consumer confidence 100.2 vs 100.0 expected

• Prior was 102.5
• Estimates ranged from 98.0 vs 103.9
• Present situation 137.4 vs 138.9 prior
• Expectations 75.4 vs 78.1 prior
• One-year inflation expectations 7.2% vs 6.9% prior
• Jobs hard-to-get 13.0% vs 12.7% prior

The present situation number fell sharply in the previous report, in October, and continued to fall; meanwhile the expectations number remains in recessionary territory below 80. The spread between the two remains wide and the reflects the Fed's difficult position. Everything is pointing to a slowdown in activity/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term but how hard do they continue to press on the brakes until it actually materializes? The problem is that if they press too hard for too long, they'll manufacture an unnecessary recession.