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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April. Meanwhile, the Expectations Index—based on consumers' short-term ...
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These days it seems nothing can stop gold, not even the Federal Reserve. Gold continues to hit new highs as an increasingly uncertain world has more people turning to the safe haven asset, so much so that its performance has largely shaken off rising bond yields to which it has historically maintained a positive correlation. U.S. benchmark rates are ...