And, this just in-U.S. stocks struggled to regain Friday’s opening rise after a first reading of U.S. consumer confidence in March unexpectedly fell.
They expected consumers to believe the pure and utter manure they’d been shoveling on behalf of The One and, unexpectedly, they didn’t.
Another source-BIG miss on consumer confidence caused the Dow to drop around 65 points. It was already trading lower and is now off 0.9%
I see they are blaming gas prices for the drop in consumer confidence (article at the link below) but a number of posts in this thread are pointing to food prices.