BREAKING: THE CONSUMER Just BROKE A RECORD RECESSION SIGNAL...

The American consumer just hit a level we have NEVER seen before. The latest University of Michigan consumer sentiment reading collapsed to 44.8 — the lowest reading in the history of the survey dating back to 1952. Worse than COVID. Worse than the Great Recession. Worse than the 2022 inflation crisis.But the real danger may not be the headline number.Buried inside the report was something even more alarming: long-run inflation expectations surged to 3.9%, signaling that regular Americans are starting to lose confidence that the Federal Reserve can actually bring inflation under control.In today’s Wall Street Truthbombs, Mark Malek breaks down:Why consumer confidence matters so muchThe dangerous psychology behind inflation expectationsWhy the Fed is trappedHow rising gas prices and the Iran conflict are impacting consumersWhy lower-income Americans are already changing spending behaviorWhat investors should watch nextIf the consumer breaks, the economy breaks.Subscribe to Wall Street Truthbombs for daily market analysis, macro breakdowns, and hard-hitting economic commentary before Wall Street catches on.Subscribe: https://www.youtube.com/@wstruthbombs?sub_confirmation=1Support the show