Consumer confidence report today

TooTall

Gold Member
Apr 17, 2013
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"Consumer confidence in March soared to the highest level in more than 16 years, according to data released Tuesday.

The Conference Board said its consumer confidence index leapt to 125.6 in March from 116.1 in February, coming in well ahead of the MarketWatch-compiled consensus of 114.1.

The reading gave a pop to U.S. stocks DJIA, +0.73% , which turned higher after the report.

Consumer confidence has taken off since the election of President Donald Trump, on the prospect of lower taxes and more infrastructure spending. Confidence has yet to be impacted by Congress’s inability so far to enact the president’s ambitions. The cutoff data for responses was March 16, before Republicans were forced to scrap a vote on repealing and replacing Obamacare.

Both the present situation and the expectations indexes improved in March."

Consumer confidence soars in March to best reading in 16 years

In addition, the Dow had a triple digit gain of 150+ points.
 
Leave it to the Demon-crats to try and destroy any and everything due to their devastating loss in the election. They hate any good that may come, and they have converged from three groups in order to form one main group who is working together to create chaos and Anarchy because they feel that they had their agenda's derailed due to a republican named Trump being elected to office. They fear Trump because he is crazy enough (in their minds), to upset the apple cart that had become full of rotten apples over time. They have used every trick and tactic in the book other than all out war so far, and I think they were trying to start that by going after Trump's family. Keep your eyes open, because it will get worse.
 

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