Consumer Confidence Disparities

Here is a link to the latest (December 29) press release of The Conference Board’s Consumer Confidence readings:

http://www.conference-board.org/economics/ConsumerConfidence.cfm

I found the large difference between the Expectations Index and Present Situation Index to be notable.  The Expectations Index, at 75.6, was the highest in two years.  However, the Present Situation Index fell to 18.8 and remains at a 26-year low.

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SPX at 1115.1 as this post is written