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The US Misery Index Shows How Weak This Recovery Is

by Daniel Lacalle via Mises Institute United States consumer confidence has plummeted to a decade-low in November. The¬†University of Michigan‚Äôs consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4. Inflation is hurting consumers and the impact on daily purchases is more […]