Investor confidence weakened by 9% in January, while overall optimism slipped 1.5%.
Consumer sentiment edged down in January, as the RealClearMarkets/TIPP Economic Optimism Index, the first monthly read on U.S. consumer confidence, slipped from 47.9 in December to 47.2, a 0.7-point or 1.5 percent loss. The index stayed below the neutral 50 level for the fifth straight month, keeping the nation in what we classify as the pessimistic zone.
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