US September consumer confidence data from the Conference Board
- Prior was 122.9
- Present situation 146.1 vs 151.2 prior
- Expectations 102.2 vs 104.0 prior
- Jobs hard-to-get index 18.1 vs 18.4 prior
- 1-year inflation expectations 4.9% vs 4.5% prior
That rise in inflation expectations in interesting but it’s highly correlated to gas prices so it might be related to the gas-price squeeze after Harvey.