The Consumer Collapse Investors Are Ignoring

Consumer sentiment hit a fresh record low in May, even as the stock market keeps grinding higher. Lucas and Luna unpack the disconnect: record-low sentiment versus a roaring Russell 2000. They look at the specific forces driving the divergence — inflation expectations at their highest in decades, a labor market that is cooling but not collapsing, and a consumer base that is feeling the pinch despite strong nominal GDP. The hosts discuss what this means for the Fed's policy path and whether the market is pricing in a recession that may not come. With the ten-year yield falling and small caps surging, the question is whether this is a classic mid-cycle rotation or the calm before a storm. One concrete takeaway: the gap between consumer confidence and market performance has rarely been this wide outside of a recession. #ConsumerSentiment #RecordLow #StockMarket #Russell2000 #Inflation #FederalReserve #YieldCurve #TenYearTreasury #SmallCaps #EconomicData #Disconnect #RecessionSignals #LucasAndLuna #FexingoBusiness #BusinessPodcast #MacroTuesdays #EconomicNews #MarketMoves Keep every episode free: buymeacoffee.com/fexingo