This blog post originally appeared on RealMoney Silver on Feb. 24 at 7:56 a.m. EST.While the magnitude of the drop in the Conference Board's Consumer Confidence Index seems suspicious and unjustified based on previous indicators (e.g., a more upbeat February University of Michigan confidence reading, growth in hours worked, stabilizing home prices, improving retail sales and other forward-looking economic reports), yesterday's release does reinforce my view that the economy on the ground is not as upbeat as the view of the economy in the charts.
Kass: Tug of War
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