Tuesday, May 26, 2009

Consumer Confidence Sees Biggest Jump in 6 Years

U.S. consumer confidence soared in May to its highest level in eight months as severe strains in the labor market showed some signs of easing, though Americans' moods remained depressed by historical standards.
AP


"Optimism raise equities and rising equities create wealth thereby induces confidence so rising confidence increases spending therefore increased spending spurs productions and thereby create employments, etc."
-Icann

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