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Consumer Confidence Crashes To 2-Year Lows, Election Blamed

This was not supposed to happen. Stock at record highs, 'low' gas prices, rate hikes looming must mean the economy is doing well, Obama and Clinton saying everything is awesome... So WTF is this!! As UMich detailed The Sentiment Index slipped in early October to its lowest level since last September and the second lowest level in the past two years. The early October loss was concentrated among households with incomes below $75,000, whose Index fell to its lowest level since August of 2014.
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