Gut - wrenching plummet in consumer sentiment, yet again in February. Weakest since November 2023 on heals of escalating inflation/tariff concerns & escalating uncertainty. - ThreadSky

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dianeswonk.bsky.social • 1 day ago

Gut - wrenching plummet in consumer sentiment, yet again in February.

Weakest since November 2023 on heals of escalating inflation/tariff concerns & escalating uncertainty.

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dianeswonk.bsky.social•1 day ago

The inflation expectations increase five year out largest since May 2021, which marked the early phases of the pandemic era inflation.

Major reversal from post-election bump and deterioration across all age groups and income strata.

dianeswonk.bsky.social•1 day ago

Expectations for the economy deteriorated for near-term and long-term. Biggest blow was in buying conditions for durable goods.

clear-mirror.bsky.social•1 day ago

I have mixed feeling about vox populii and the wisdom of the herd, yet when confidence in the future is weak across the board, it can become a self-fulfilling prophecy

dianeswonk.bsky.social•1 day ago

Partisan divides remerged after converging on inflation expectations earlier in the month.

Inflation expectations for Independents & Democrats up. Republicans retreated a bit but this is a horrible.

https://sca.isr.umich.edu

labsoftwaredev.bsky.social•1 day ago

bad link??

shedcapital.bsky.social•1 day ago

Disheartened to see that we fired the FAA and the market still isn’t grateful.

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