Adding fuel to the economic recovery underway is the fact that The Conference Board Consumer Confidence Index® held steady in May, following a sharp decline in April.
“The Index now stands at 86.6 (1985=100), up from 85.7 in April. This a Key indicator as to the overall direction of the stock market and should continue to climb, given the pent-up demand that is returning to the market after some 3 months shut-down.
This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors
Bruce Willard Barren on LinkedIn • 3 min read
By Paul Ebeling on June 9, 2020