Stocks Tank And Dollar Rallies After Weak Consumer Confidence

Update: Deutsche Bank was estimating 55.0 vs 53.1 in September.

Today’s acting just like yesterday, except in hypertime. After an initial bounce post-Case-Shiller, stocks are now slipping, following a surprise hit on consumer confidence.

Meanwhile, check out the dollar (UUP), which might actually extend its rally to a second day, further strengthening the inverse correlation between the dollar and US stocks.

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