The ["consumer confidence"] survey found that consumers are increasingly pessimistic about their job prospects and chances of getting raises. Barron’s Econoday calls the no-confidence news a “very rare statement of discontent” notable for the fact that “there is an expansion still underway and this is not a time of war, which makes the results difficult to figure.”
[From CJR: Opening Bell: Wrong Track]
(Epmphasis mine)
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