How Confident are You?
By:
FOXBusiness.com
The chicken or the egg, which came first? Just like this well known philosophical question, does consumer confidence lead to more spending (NYSEARCA:XLY) or does more spending lead to confidence? On 11/27, the Consumer Conference Board's gauge of sentiment hit a four year high and Wall Street (NYSEARCA:SPY) was ecstatic."A sign U.S. household spending will keep growing. Americans continued to shake off fears of the looming fiscal cliff.
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