Contrast this from AFR
Confidence among Americans surged to the best level since October 2000 on brighter views of the economy and finances, adding to signs that consumers will continue to underpin a record-long expansion.
Bloomberg's index of consumer comfort rose 1.2 points to 65.1 in the week ended January 5, according to a report Thursday (Friday AEDT).
All three components improved for a third week, led by the state of the economy measure rising 1.4 points to a nearly 19-year high of 69.7. The readings for personal finances and the buying climate both added at least 1 point.
With this from Barron last night
Bed Bath & Beyond stock (BBBY) plunged 19% after the company reported a surprise loss and sales miss for the fiscal third quarter. Management also withdrew its full-year outlook, and analysts called the report a “nightmare.” Kohl’s (KSS) and J.C. Penney stock (JCP) tumbled 6.5% and 10.8%, respectively, after both reported declining sales for the holidays
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