The UoM index rises to 59.8 points against expectations of 58.8 points and the previous level of 58.6 points.
Inflation expectations, however, are growing strongly. 1-year expectations rose to 5.1% with expectations falling to 4.6% from 4.7%.
Long-term expectations rise to 2.9% from 2.7% on expectations of 2.8%.
Pro-dollar data and further weaken the situation on Wall Street. The Nasdaq is already losing 1%.
Source: Bloomberg via ZeroHedge
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