Consumer confidence rebounded strongly in November, the Conference Board reports. David Semmens, an economist at Standard Chartered Bank, opines that “the improvement in the labor market must be offering greater comfort to consumers.” The question, of course, is whether the labor market’s “improvement” can survive the sentiment attack blowing through the global economy via the euro crisis. Today’s rise in the Conference Board’s consumer benchmark provides fresh encouragement for thinking positively, but this is still mostly guesswork until the major economic reports for November arrive. For the moment, it’s still a blank slate.