Consumer Sentiment crashes, highest inflation expectations in 30 years... stocks tumble

Consumer sentiment falls another 10%. Technically, 10.5%.

Consumer sentiment drops in March to 57.9, according to University of Michigan survey, worse than expected

 

So we can add consumers to the list of things to blame.

 

Disastrous.

 

Some notes

 

Welp, only took 2 months of Felon 2.0 for a major investment bank to state that $14 trillion on US assets are at risk due to loss of leadership and "fading exceptionalism."

Yuge winning, amirite ?

"UBS warns $14tn in U.S. assets is at risk amid fading exceptionalism"

https://www.investing.com/news/stoc...is-at-risk-amid-fading-exceptionalism-3929360


The bank cited multiple factors, including challenges to U.S. tech and AI leadership from China, diminished growth expectations due to tariff uncertainty and fiscal tightening, and renewed European economic momentum.

“All of these developments arguably challenge US asset overweights that had been built up during more than a decade of US growth and asset return outperformance,” UBS wrote.

This shift could lead to “asset unwinds and USD sales of significant magnitudes.”

 

Consumer confidence continues to fall.

https://apnews.com/article/consumer-confidence-economy-inflation-bd6ece8784efff205e2ab922bcb86958

 

Happy, secure people buy things they don't really need. Anxious and unhappy people don't. They hunker down, horde their resources, and wait for Social Security to fail, or the economy to implode.

 

fed ex CFO might know something..nah..tiktok dude says all good

Fedex CFO with unique insight gives ominous warning about US economy

A high-powered executive is warning that his business is about to slow down — all because he sees turbulence ahead for the U.S. economy. John Dietrich, CFO of FedEx, just slashed the company’s earnings expectations for the rest of the year.

FedEx has a unique vantage point.

With shipping data that acts as a real-time pulse check on consumer demand and domestic trade, the company feels the impact of supply chain disruptions, retail slowdowns, and manufacturing shifts before most analysts can even crunch the numbers.

And now, the company is bracing for a slowdown in 2025.

 

PCE, the Fed's preferred measure of inflation, comes in higher than expected for February. Prices rose by 0.3% on the month for all products and 0.4% on the month when excluding food and energy. We are seeing the return of goods inflation, which had basically been gone for 2 years. Even talking about tariffs seem to be causing products to go up in price.

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

 

Much more of this winning and low income folks might suffer enough to change their vote.

 

When have they ever done that? They will be brainwashed into believing some bogeyman/bogeywoman is responsible for their ills and will continue to vote against their own interests.

 

Hillary, Pelosi, Shumer, the "Squad", the LGBTQ types and Immigrants are responsible for this economic decline, Maga understands this.
If it wasn't for them the Dow would be at 60,000, Eggs would be .99 cent a dozen and gas would be $2.00 a gallon for premium.

We Maga faithful understand it is not the three branches of Gov't and the Supreme Court majority (All Republicans)
nor Trump the magnificent that is causing this. Once we get the liberals incarcerated or in camps, all will be well!

Hail Trump!