May Consumer Confidence Offers Pleasant Surprise

The Conference Board’s consumer confidence reading for May offered markets a pleasant surprise, with a headline number above expectations and an upwardly revised figure for April. Despite surging energy prices and rate hikes, the US consumer remains determinedly optimistic – what’s driving the positive outlook? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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