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PropMarketCapFRESHMacroeconomics and central banks

Consumer confidence soared to 91.7 versus 81.2: a signal against a US recession

The Conference Board Consumer Confidence Index for October came in at 91.7 versus a forecast of 81.2 and the September reading of 81.9. The miss versus consensus is more than 10 points, one of the largest surprises for this indicator in recent times.