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Thursday, March 28, 2024

Consumer Confidence Drops As Americans Lose Faith In The Stock Market

Courtesy of ZeroHedge. View original post here.

The Conference Board’s Consumer Confidence measure for September disappointex expectations with both current and future indices dropping (the former more than the latter).

Differences across regions are very notable as storms impacted confidence…

However, what is most concerning (for the powers-that-be), is the plunge in faith that the stock market will go higher…

This is the lowest confidence in continued stock market gains since the election.

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