RawDiary

Consumer Confidence Plummets… Inflation Crisis Looms

US consumer sentiment has nosedived amid long-term inflation expectations hitting a 32-year high, signaling widespread economic pain and uncertainty that is shaking markets and everyday Americans.

24 Hours US consumer confidence has plunged as inflation expectations soar to a 32-year peak, prompting market shifts with stocks rallying, treasury yields surging, and gold breaking the $3,000 mark. The Senate scrambles to avert a government shutdown amid internal strife as Democrats turn on Schumer. Meanwhile, Trump’s controversial promises, coupled with tariff-induced trade corrections, fuel uncertainty. International tensions escalate with Ukraine rejecting ceasefire proposals and Hamas preparing to free a long-held US hostage. Legal battles, education probes, and questions over federal workforce cuts underscore a turbulent national landscape.

Number 32 Years – US Consumer Inflation Expectations Hit Record Peak

Quote "Consumer pain is real — every dollar lost is a strike against us," warned an anonymous market insider.