Consumer sentiment hits second-lowest reading on record
finance.yahoo.com
Consumer sentiment continued to decline in May as Americans expect Trump's tariffs to send inflation soaring over the next year.

The latest University of Michigan survey released Friday showed sentiment hit its second lowest reading on record.

  • Stern@lemmy.world
    2·
    2 months ago

    Considering any given day you can flip a coin for if Trump is going to fuck up the market somehow, that’s understandable.

  • atzanteol@sh.itjust.worksEnglish
    15·
    2 months ago

    Was this before or after the “ageeement” with China though?

    Edit: nvm i found it.

    The preliminary sentiment reading surveyed consumers from April 22 to May 13, meaning just two days of responses came after the US and China agreed to a 90-day tariff pause.

    Hardly even worth printing then.