U.S. AUG. CONSUMER CONFIDENCE INDEX FALLS TO 84.8 FROM 91.7

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One of our preferred gauges of consumer confidence fell today, with the CB Consumer Confidence survey coming in below the median survey estimate of 93. Whilst the many other indicators tracked by our Business Cycle Checklist are on balance positive, this provides a cautionary note for the economy nonetheless.

If you would like to learn more about this and the many other indicators that Lex and I follow as professional investors, check out our Million Dollar Traders online course and join me for my weekly updates at the Trading Club.

Disclaimer: For educational purposes only. Even though we do our best to provide reliable data, you should not trade based on this information. For more information go to www.milliondollartraders.com

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