Huge miss in consumer confidence
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The Conference Board's March consumer confidence survey is out.
The headline index plummeted to 59.7 from a downwardly-revised 68.0 last month.
Economists were expecting a smaller drop to 67.5 (from a reading of 69.6 last month before the revision to 68.0).
Via CNBC's Steve Leisman, Pantheon Macroeconomic Advisors Chief Economist Ian Shepherdson called the number "horrible":
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