Latest / Wall Street Truthbombs Podcast
BREAKING: THE CONSUMER Just BROKE A RECORD RECESSION SIGNAL...
The American consumer just hit a level we have NEVER seen before. The latest University of Michigan consumer sentiment reading collapsed to 44.8 — the lowest reading in the history of the survey dating back to 1952. Worse than COVID. Worse than the Great Recession. Worse than the 2022 inflation crisis.But the real danger may not be the headline number.Buried inside the report was something even more alarming: long-run inflation expectations surged to 3.9%, signaling that regular Americans are starting to lose confidence that the Federal Reserve can actually bring inflation under control.In…
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