Macro Notes
Confidence boosted by labor market improvementPeter Boockvar
The Dec Conference Board Consumer Confidence figure was 64.5, better than expectations of 58.9 and up from 55.2 in Nov. It's the best level since April and was led by a 10 pt jump in the Expectations component while the Present Situation still rose a good 8.4 pts to the highest since Sept '08. Encouragingly, those that said jobs were Plentiful rose to the most since Jan '09 while those that said jobs were Hard To Get fell to the least since Jan '09. There was also an improvement in the answers to the Business Conditions questions both currently and...
read more ?Source: http://www.ritholtz.com/blog/2011/12/social-media-in-the-legal-sector/
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