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US: Consumer Confidence scares at 65.1 in November
fxstreet.com ^ | December 27, 2012 | fxstreet.com

Posted on 12/27/2012 7:18:37 AM PST by John W

FXstreet.com (Barcelona) - A fall of 6.4 points in November was registered by the Consumer Confidence indicator released by the Conference Board. Data fell from 75.1 (revised from 73.7) to 65.1, coming much lower than the expected 70.3.


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: unexpected

1 posted on 12/27/2012 7:18:40 AM PST by John W
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To: John W

What will the lame duck President do about that?


2 posted on 12/27/2012 7:21:48 AM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: Pikachu_Dad

Silly Freeper, Obama will blame the Republicans!


3 posted on 12/27/2012 7:29:32 AM PST by griswold3 (Big Government does not tolerate rivals.)
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To: John W

Market dropped 90.


4 posted on 12/27/2012 7:33:42 AM PST by what's up
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To: John W
Bad now? Wait until the tax hikes kick in.
5 posted on 12/27/2012 7:40:30 AM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: John W

Personally, my confidence is very high. I’m highly confident that obama will steer us over the fiscal cliff...and will be happy to do so. I’m confident, too, that once that is done he and his cronies will destroy the already debased dollar creating the greatest panic this country has ever seen.


6 posted on 12/27/2012 7:41:27 AM PST by pgkdan
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To: Nuc 1.1

The tax hikes will be bad and then they’ll get their health insurance bill. That’s if they’re lucky. If they’re unlucky they’ll get laid off or get put on part time.


7 posted on 12/27/2012 7:43:59 AM PST by ladyjane (For the first time in my life I am not proud of my country.)
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To: John W

This parallels the decline during the last debt ceiling crisis in July/August 2011


8 posted on 12/27/2012 7:46:52 AM PST by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: griswold3
Silly Freeper, Obama will blame the Republicans!

So do I. Romney and the Republicans lost after looking like they were making a competition of it near the end, so the Republicans in the electorate lost confidence. If Romney had won confidence would be up. Therefore it is the Republicans' fault. < /almost sarcasm>

9 posted on 12/27/2012 7:47:55 AM PST by KarlInOhio (I'm tired of being beaten like a malcontent elf so Obama can pretend to be Santa.)
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To: Pikachu_Dad

Too bad this worthless piece of human debris isn’t a lame duck president.


10 posted on 12/27/2012 7:53:36 AM PST by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: what's up
Market dropped 90.

Not the reason. The Dow tanked after a "senior Democrat predicted the economy will go over the fiscal cliff due to failed talks"

11 posted on 12/27/2012 7:58:27 AM PST by montag813
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To: John W
Gee, whatever could have happened in November to destroy confidence??
12 posted on 12/27/2012 8:00:48 AM PST by SoFloFreeper
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To: SoFloFreeper
Gee, whatever could have happened in November to destroy confidence??

I wish I could remember, I have been in a stupor ever since DumBO was reelected.

13 posted on 12/27/2012 8:14:01 AM PST by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: griswold3

The talking heads on TV are blaming the shooting in CT for the bad retail numbers! Everything is spun to further the liberal agenda. Now, if we just had gun control, higher taxes, and national health care consumer confidence would soar, right? *gag*


14 posted on 12/27/2012 8:57:40 AM PST by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: SoFloFreeper

Surprisingly there is little to no mention of the possible effect of the tidal-wave of layoffs immediately following the election triggered in part by the realization that job-killing Obamacare was not going away.


15 posted on 12/27/2012 12:19:12 PM PST by Seizethecarp (Defend aircraft from "runway kill zone" mini-drone helicopter swarm attacks: www.runwaykillzone.com)
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To: ladyjane

wait until these Obama voters with jobs find out that their ‘free healthcare’ will take up as much as 9.5% of their paychecks.


16 posted on 12/27/2012 12:48:59 PM PST by GeronL (http://asspos.blogspot.com)
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To: SoFloFreeper
The same thing that happened in November, 2006, that destroyed our economy.
17 posted on 12/27/2012 5:09:27 PM PST by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: GeronL
wait until these Obama voters with jobs find out that their ‘free healthcare’ will take up as much as 9.5% of their paychecks.

They won't make the connection. Hells bells, most of these dim bulbs don't understand the difference between their paycheck and after tax take home pay.

My BIL is married to a NEA teacher (rabid lefty). She's about to retire after 30 years and she still doesn't understand what it costs an employer to have someone on the payroll. Dumb as a box of rocks in that regard.

18 posted on 12/28/2012 6:02:28 PM PST by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: Pikachu_Dad
What will the lame duck President do about that?

He'll practice his chip shot in Hawaii.

19 posted on 12/29/2012 2:58:31 PM PST by Gay State Conservative (When Robbing Peter To Pay Paul,One Can Always Count On Paul's Cooperation)
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To: ChildOfThe60s

well, when you have built in COLA raises, and your on the gubmint dime, inflation don’t matter much.

Cost of Living can go up 200% and the NEA will ensure you get a 200% raise, but it’s not a raise see... if you think it’s a raise, then your a racist.


20 posted on 12/30/2012 6:03:31 AM PST by esoxmagnum (The rats have been trained to pull the D voting lever to get their little food pellet)
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