US Jan consumer confidence 111.8 vs 112.8 expected

Consumer confidence from the Conference Board

  • Prior was 113.7 (revised to 113.3)
  • Present situation 129.7 vs 126.1 prior (revised to 123.5)
  • Expectations 99.8 vs 105.5 prior (revised to 106.4)

That's a big drop in expectations. It's way too soon to say the Trump-bump has lost momentum though with the main index still 10 points above where it was in October.

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