Charts I’m Watching: Sep 27, 2023

Futures have rebounded modestly following yesterday’s drubbing.

The Conference Board’s Consumer Confidence Index’s plunge from 108.7 to 103 did little to convince investors that the consumer is still doing well. Perhaps the more important question: will it outweigh, in the minds of FOMC members, the stellar 0.9% increase in August for core capital goods?

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