The Citi Pain Index Is Flashing Red on Household Finances

This episode drills into the New York Fed's Survey of Consumer Expectations, which hit its most downbeat reading since July 2022. Lucas and Luna unpack what the Citi Pain Index reveals about how households are feeling right now — and why sentiment about personal finances is diverging from the official jobs data. They connect it to the VIX jump to 21, the 4.3 percent unemployment rate, and what it all means for a potential recession signal the market is only half-paying attention to. #NewYorkFed #SurveyOfConsumerExpectations #HouseholdFinances #CitiPainIndex #RecessionSignal #ConsumerSentiment #EconomicIndicators #VIX #Inflation #LaborMarket #JoblessClaims #FOMC #FederalReserve #Economics #RecessionWatch #FexingoBusiness #BusinessPodcast #Macro Keep every episode free: buymeacoffee.com/fexingo