|
Another critical economic measures shows big negative changes and they aren't "inflation" problems. It's not just that American consumers are cracking, the consistent theme which keeps coming up over and over is jobs. The US labor market has been stuck in half a recession already, is this now the other half? Eurodollar University's Money & Macro Analysis UofM Surveys of Consumers http://www.sca.isr.umich.edu/ CNBC Consumer sentiment tumbles as inflation fears surge, closely watched survey shows https://www.cnbc.com/2024/05/10/consumer-sentiment-tumbles-as-inflation-fears-surge-closely-watched-survey-shows.html https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |