Stephanie is going to be here a little bit later. We are going to begin this hour with breaking economic news. Two pieces of key data coming out with economic and decatur street and the university of Michigan Consumer confidence. University of Michigan Consumer confidence. It comes in and the secondhighest since 2007 easily beating estimates of 95. 9. The forecast was for monday for 94. A big jump in expectations going higher. People think the economy is getting better. Heres what is really going to concern the fed. Inflation expectations dropped significantly. The oneyear inflation picture was dead. 2. 6 were both at about 3 prior. The fed has put a lot more weight on the survey and the caterers than they are putting on market indicators like tips. If investors think they will have inflation, thats a problem. They think that is working the way into peoples psyches. The leading indicators common disappointing at two dents of a percent. 2 10 of a percent. The leading indicators is a num
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