The Conference Board Consumer Confidence Index rose a bit this month, after hitting an all-time low in October (the measure goes back to 1967). I don’t know that it means all that much, but it is an indication of something that should start playing out more broadly in economic data releases–and perhaps injecting a touch of optimism into the national discourse–over the next year: When the comparables are bad enough, it gets a lot easier to beat them.
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Senate Approves Hike in Airline Security Fees
(WASHINGTON) — A Democratic-controlled Senate panel Tuesday approved a $2.50 increase in airline security fees that would double the per-passenger fee for those taking nonstop flights.
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Stocks Rally Further in Run-up to EU Summit
MOSCOW — Global stocks enjoyed one of their best days in weeks on Tuesday ahead of a summit of European leaders that’s expected to be dominated by calls to boost economic growth.
Europe remains the focus of attention across all financial markets in the run-up to the June 17 Greek election that could go a long way to determining the country’s membership of the euro as well as the future of the single currency zone.
