US Consumer Confidence Slides In October As ‘Hope’ Tumbles

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News Story Source: Zero Hedge
After September's surprise rebound in confidence, The Conference Board reported a drop in sentiment in October with 'hope' fading. The headline confidence print fell from 101.3 to 100.9 with current conditions ticking up and future expectations fading:

Present situation confidence rose to 104.6 vs 98.9 last month

Consumer confidence expectations fell to 98.4 vs 102.9 last month

Source: Bloomberg

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