My Consumer Confidence Guess 96.5

The consensus forecast for the 10:00 am U.S. Consumer Confidence report is 90.0.  I am going to make an educated guess on what I think the announcement will bring.  In November 2004, Consumer Confidence was 85.0.  It seems like the consensus has typically been conservative with their expectations therefore with this information and the fact that I can obtain a gallon of gas for just over 2 bucks, I’m going to predict that the Consumer Confidence for November 2005 will be 96.5.

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