THE CONSUMER CRASH: Why Consumers Are Tapped Out at Record Highs!

While Wall Street celebrated fresh all-time highs on the S&P 500, the University of Michigan released consumer sentiment data showing an 8% plunge to 51.0—missing every major economist estimate on the Street. In today's Wall Street Truthbomb, Chief Investment Officer Mark Malek breaks down the growing divide between record stock valuations and the financial health of everyday Americans.Mark dissects the shadow data inside Friday's preliminary August report, revealing why current economic conditions slipped to 51.8 and expectations fell to 50.6. Discover how 1-year inflation expectations ticked up to 4.3%, why older and lower-income households are bearing the brunt of sustained price fatigue and geopolitical uncertainty, and what a 51.0 reading near historical troughs means for corporate revenues and Federal Reserve rate decisions.Subscribe: https://www.youtube.com/@wstruthbombs?sub_confirmation=1Substack: https://substack.com/@wstruthbombsX: https://x.com/WSTruthBombsPatreon: https://www.patreon.com/wstruthbombsBlueSky: https://bsky.app/profile/wstruthbombs.bsky.socialTikTok: https://www.tiktok.com/@wstruthbombsTruthbombs videos are for informational and entertainment purposes only. The views expressed by Mark Malek or guests are their own and do not necessarily reflect those of Siebert Financial. These videos do  not constitute investment advice, an offer to sell, or a solicitation to buy any securities. Past performance is not indicative of future results. Listeners and viewers should consult a qualified financial professional before making any investment decisions.#economy  #consumersentiment  #inflation  #stockmarket  #federalreserve  #MarkMalek #WallStreetTruthbombs #personalfinance  #sp500  #interestratesSupport the show