'HOPE' FOR "BETTER BUSINESS CONDITIONS" AHEAD PLUNGES TO LOWEST SINCE ELECTION

 Headlines are crowing of a better than expected Conference Board consumer confidence index, but under the surface, things are not nearly as exuberant as the administration would like them to be.

The percentage of consumers expecting business conditions to improve over the next six months decreased from 22.4 percent to 19.6 percent, the lowest level since Nov 2016's election...

Perhaps more worrisome is that employment expectations have also plunged...

Those with plans to buy a home or a car also fell in August.