US Aug consumer confidence 122.9 vs 120.7 expected

Consumer confidence from the Conference Board
– Second-highest level since 2000
– Prior was 121.1 (revised to 120.0)
– Present situation 151.2 vs 145.4 prior
It’s always better to see consumer confidence led higher by the ‘present situation’ component. The expectations turned into a political-happiness gauge for awhile.