Quote post: @KobeissiLetter on October consumer confidence jump
I think the 47.8 point gap between how people feel now (120.4) and what they expect next (72.6) matters more than the headline jump because the rebound tracked falling gas prices. Real turn or just a gas bounce?
https://x.com/KobeissiLetter/status/2115458567172206730
Sources: Conference Board: index rose 7.5 to 91.7, Present Situation 120.4, Expectations 72.6; recovery in line with easing gas p · Reuters: confidence improved to 91.7 from 84.2 amid easing gasoline prices · AP: US consumer confidence recovers in October as gas prices eased
Not financial advice. For informational and educational purposes only.
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