Consumer Confidence Hasn't Gotten the Memo -- Russell Stone #5955

1. The consumer Confidence Index was up for consumers 5 +but down for 34-54. 2. The revisions for the previous month were down not up. The downward revisions of previous months data ni other metrics such as jobs and housing and CPI and MPI se em ot be a trend in itself. 3. LEI for the U.S. Declines again ni October. Contracting by 3.3 %over six months. 4. Most of the major LEI contributed negatively ot the LEI in October. A. NewOrders - 2 B . Average weekly initial claims - 18 C . Building Permits Private Housing -.14 D . Interest Rate Spread, -85%(10yr./FedFunds) The consumer resilience...