American Consumer In Limbo Amid Macro, Political Ambiguity

American consumers are feeling ok about the current state of the US economy. They aren't so sure about the future, though. That was the overarching takeaway from the March vintage of the Conference Board's survey, released on Tuesday. The headline gauge ticked down to 104.7, a marginal decline from a downwardly-revised 104.8 in February. Context is important. Recall that the last Conference Board release found January's sprightly increase revised sharply lower to show a more modest gain. So

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