Consumer Confidence Stumbles As Stock Market Optimism Plunges Most In 15 Months

Tuesday, April 25, 2017
By Paul Martin

by Tyler Durden
Apr 25, 2017

After rising almost incessantly for the last few months (post-trump), The Conference Board’s consumer confidence index dropped in April (though remains near decade-long highs) with a notable drop in ‘expectations’ (and business conditions weakening).

This is yet another ‘soft’ survey catching down to ‘hard’ data’s reality.

But one of the most-watched aspects of the report was the ‘expectations for future stock market increases’ which reached its highest since the peak in 2000 in March. April saw it tumble – biggest drop since Jan 2016.

The Rest…HERE

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