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The Consumer “RECOVERY” Is Misleading As Inflation Expectations EXPLODE...
The market cheered a jump in consumer sentiment, but the reality beneath the headline is far more concerning. In this episode of Wall Street Truthbombs, Mark Malek breaks down why the University of Michigan's June consumer sentiment beat may be sending investors the wrong message. Despite the improvement, consumer confidence remains below Great Recession lows, inflation expectations remain elevated, and rising wholesale gasoline prices could quickly reverse recent gains. We examine what this means for the Federal Reserve, interest rates, inflation, the stock market, and your portfolio heading…
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