[Link to the full article (1 min read)](https://www.marketwatch.com/story/consumer-confidence-snaps-back-at-year-end-fd13c363) The falling gas prices and the anticipation of no more rate hikes by the Fed have boosted confidence in the US this month. According to the Conference Board survey, the index that measures US consumer confidence surged to 110 in December, up from 101 in November and the expectation of 104.5. This aligns with the current market sentiment as major indices are at or near all-time highs, signifying optimism about the economy.
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by CompetitiveMission1
2 comments
It really just feels like the past year or so.
Numbers are mostly always going in the correct direction…….will the public noticed or give credit?
Its a good sign but certainly not a long term trend as of yet. Hopefully it keeps going in the positive direction.
I thought we were in an invisible recession.