Sauxy
4K posts

Sauxy
@SPXplunger
Stocks/Options/Futures. Market Commentary. Some Original Memes. I have nothing to sell you.

BREAKING: US Consumer Sentiment officially falls to its lowest level on record in data going back to 1952, down another -10% last month. Consumers now see inflation rising to 4.8% over the next 12 months. This puts the Consumer Sentiment index down -21% since February 2026, before the Iran War. Not even the 1980s saw Consumer Sentiment this low.


🚨 Uhhh....this can't be good The University of Michigan’s Consumer Sentiment Index plunged to a record low of 44.8 today, marking the third consecutive monthly decline. 📌 Key details: • Revised down from preliminary 48.2 reading • Strait of Hormuz supply disruptions pushed gasoline prices higher • 57% of consumers cited high prices as hurting personal finances • Lower-income households and non-college consumers saw the sharpest declines • Independents and Republicans recorded their weakest sentiment readings of the current administration 📌 Inflation expectations: • 1-year inflation expectations rose to 4.8% (from 4.7%) • Long-run inflation expectations jumped to 3.9% (from 3.5%)






