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The Numbers

Confidence Near Cycle Lows, Labor Softness Keeps Fed On Track To Ease

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The November Conference Board Consumer Confidence Index fell again, underscoring a weak but not collapsing economy that keeps the Fed on track to ease. The index dropped to 88.7 from 95.5, with both the present situation (126.9 from 131.2) and expectations …

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