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Bespoke: Confidence Softens

FYI: With the impeachment inquiry heating up, Consumer Confidence on the part of US consumers unexpectedly softened in October. While economists were expecting the headline index from the Conference Board to rebound from 126.3 up to 128.0, the actual reading declined slightly, falling to 125.9. While overall confidence levels remain high by historical standards, it has now been a full-year since the current cycle's peak of 137.9 last October.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/confidence-softens
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