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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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From: Challo Jeregy	7/31/2012 12:14:40 PM
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US consumers more confident in the economy in July US consumer confidence edges up to 65.9 in July after 4 months of decline, highest since April The Conference Board said Tuesday that its Consumer Confidence Index increased to 65.9, from 62.7 in June. That's the highest reading since April and better than the reading of 62 that economists had forecast. finance.yahoo.com ------------------- July 31, 2012 Economic Confidence Down Last Week, Back to January Levels Americans' confidence in the economy declined last week to -29, matching levels not seen since early January. The decline may be due to the estimate of slower-than-hoped second quarter GDP growth. Confidence had peaked at -16 in late May after a series of encouraging jobs reports, but when subsequent reports were less positive, Americans' confidence headed in the opposite direction. Still, confidence is higher now than it was in the latter part of 2011. gallup.com

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