US Consumer Confidence rebounded strongly in November according to the latest survey from The Conference Board, beating expectations across the board. • Consumer confidence rose to 110.7 (estimate 104.5) in December from revised 101 in November • Present situation rose to 148.5 from revised 136.5 in November • Expectations index rose to 85.6 from revised 77.4 in November “December’s increase in consumer confidence reflected more positive ratings of current business conditions and job availability, as well as less pessimistic views of business, labor market, and personal income prospects over the next six months,” ... (full story)