The Double Scar Is Reshaping Consumer Spending

Lucas and Luna examine how the 'double scar' from past inflation and ongoing geopolitical shocks is altering consumer behavior in 2026. With core PCE inflation at 3.3% and an extra $450 per household from Iran war energy costs, they drill into why consumer sentiment is at a record low even as job growth remains solid. They explore the disconnect between 'vibecession' data and hard spending patterns, referencing Fed commentary from Goolsbee and Kashkari. The episode focuses on one specific angle: the shift from goods to services spending and what it means for recession risk in Q2 2026. #DoubleScar #ConsumerSpending #Inflation #IranWar #EnergyCosts #CorePCE #FedPolicy #Vibecession #RecessionWatch #FexingoBusiness #BusinessPodcast #Economics #ConsumerSentiment #GeopoliticalRisk #Goolsbee #Kashkari #SpendingShift #EconomicIndicators Keep every episode free: buymeacoffee.com/fexingo