rob pelinka playing at michiganPelinka playing at Michigan in 1992

The latest reading of consumer confidence will be released at 9:55 AM ET.

The University of Michigan confidence index is expected to climb to 72.6 from an earlier reading of 71.8.

“Never before in the long history of the surveys have so many consumers spontaneously mentioned that the disarray in federal economic policy was the main problem facing the economy,” explained the University of Michigan in the previous report.

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