<U.S.Economy> Steady as she goes.
Good morning Lee:
Seen the Bloomberg Consumer Confidence Survey for Jan? I am sure you did but just in case.Will be interesting to see the actual numbers from the Conference Board,do you know when it will be out? Ooops,I think I found it, 10 am today?
BTW this is my #10,000 post on SI since 1996,damn I spend too much time on SI.
================== U.S. Consumer Confidence Seen at 5-Month High in January: Bloomberg Survey
Washington, Jan. 26 (Bloomberg) -- U.S. consumer optimism probably rose in January to its highest level in five months as the economy barreled into the new year and the stock market gained, analysts said in advance of a report set for release today.
The Conference Board's consumer confidence index probably rose to 126.6 in January from 126.1 in December, according to the average of 27 forecasts in a Bloomberg News survey.
Americans ''have good reason to remain optimistic going forward, given the prospects for job growth, wage growth, and the stock market, '' wrote Michael Englund, chief economist at Standard & Poor's MMS in Belmont, California, in a report......
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