Wed Aug 28, 2019, 04:36 PM

consumer confidence at 19-year high, boding well for President

American economic optimism at a 19-year high challenges signs of an imminent recession

Americans' view of the economy is the most favorable it's been in 19 years as a strong job market has offset some concerns about the trade war between the US and China.

The Conference Board said on Tuesday that its Present Situation Index, which evaluates consumers' near-term view of the business and labor-market environment, rose to 177.2 in August from 170.9 in July.....

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