{'fraction_non_alphanumeric': 0.023722627737226276, 'fraction_numerical': 0.0, 'mean_word_length': 5.383720930232558, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
A Positive Analysis of the Relation of CCI With China's Stock Index Returns

The empirical results indicate that the consumer confidence index(CCI) has great influences on the stock index returns in the U.S and Britain.Using linear regressive and Logit models,the dynamic relationship is tested between consumer confidence index and China's stock index returns.The results show that China CCI can powerfully predict and explain the trend of Shanghai and Shenzhen stock markets,which,however,has no significance to China's B stock market as a whole.