​Conference Board Surveys Signals Surge In Consumer Confidence In October – Tyler Durden

Conference Board Surveys Signals Surge In Consumer Confidence In October After plunging by the most in three years in September, analysts expected a small rebound in The Conference Board’s consumer confidence in October. Instead of a small rebound, confidence exploded higher with the headline rising from 99.2 to 108.8 (vs 99.5 exp). A measure of expectations for the next six months rose 6.3 points in October to 89.1 while a gauge of present conditions increased more than 14 points to 138… Source: Bloomberg This was the biggest MoM jump in Present Situation since May 2021… Source: Bloomberg In an odd mix – survey respondents…  — Continue at ZeroHedge News : Read More