Tuesday, May 25, 2010
It's reassuring to see consumer confidence on the rise, but it's ironic that this news coincides with the market's rather sudden loss of confidence (see my previous post). In any event, I doubt that Europe's brewing financial crisis is going to have a significant impact on the daily goings-on in the U.S. economy. The wheels of recovery are turning, and they are unlikely to be easily derailed.
Posted by Scott Grannis at 11:23 AM