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July 28th, 2008- August 1th, 2008

Posted by BBVA Bancomer in July 28th 2008  
Consumer Confidence Index (July, Tuesday 10:00 ET) F: 49.0     C: 50.0     P: 50.4 Increasing concerns about the economy have been stirred by rising foreclosures, increasing job losses, and high commodity prices. As a result, the Conference Board Index of Consumer Confidence probably declined further in July. We expect it to come at 49.0, the lowest reading since February 1992. Late in July, oil prices decreased notably; if this becomes a trend, the Read More...

Filed under: Fundamental