Consumer confidence unexpectedly jumped to 98 in May, well above forecasts of 87.1, The Conference Board reports.
Eric Winograd, AllianceBernstein chief economist, joins Catalysts host Julie Hyman and ProShares global investment strategist Simeon Hyman to explain how this surprise reading contrasts with weaker trends in other surveys.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/
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