Bondad: Consumer Confidence is up, but there's reason to be a little careful.

There's some good news about Consumer Confidence, but Bonddad sounds a cautious note at the end:

The number is still pretty low by historical standards, so I'd be cautious to read too much into this move. In addition, with gas prices going up (and today's price spike) I think this number will come under strong downward pressure in the near future.