July 25, 2017

THANKS DONALD:

Jobs lift U.S. consumer confidence to near 16-year high (Lucia Mutikani, 7/25/17, Reuters) 

U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness.
 [...]

The Conference Board said its consumer confidence index surged to 121.1 this month, the second highest reading since 2000, from 117.3 in June. The rise in confidence came despite the healthcare impasse in Washington.

Fundamentals trump all.

Posted by at July 25, 2017 1:13 PM

  

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