Yeah, right...losing money right and left, tapped out, home prices declining, market cratering, etc, etc. At the typical moment when CC usually indicates declines, it is reported 'surprisingly up'. Hey, David Blaine, David Copperfield, Doug Henning, and even Kreskin must be assisting the gov in the calculations of these reports, as it certainly seems some slight of hand is occuring. What the hey, a little white lie seems to do more to lift the market than anything else, may as well...keep up the good work! In follow-up to WB's comments that Wall St is a nudist colony, it also has proved that they had their nudist beach at both shark-infested and pirahna-infested waters. The sharks took down bodies whole, while the pirahnas preferred to dine on 'delicacies'.
The data was collected weeks ago, so does not reflect the immediate environment. The CC report itself is a subscription item available to subscribers well before it is freely disseminated.
pz: thank you for that clarification. correction to the above post: Hey, David Blaine, David Copperfield, Doug Henning, and even Kreskin must be assisting the TCB (The Conference Board) in the calculations of these reports, as it certainly seems some slight of hand is occuring.