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  • U.S. Consumer Sentiment Falls in June Amid Tariff Concerns

    From bloomberg.com

    U.S. consumer sentiment weakened in June and long-term inflation expectations dropped to the lowest on record as the outlook for the economy dimmed amid President Donald Trump's stepped-up trade war. The University of Michigan's preliminary sentiment index fell to 97.9 from 100 in May, slightly undershooting the median forecast in a Bloomberg survey of economists. The gauge of current conditions increased to 112.5 and the expectations index dropped to 88.6, according to the report Friday. Key Insights The decline in sentiment suggests Trump's decision to increase levies on imports from China and slowing job gains are ... (full story)

Stores are looking empty. Tariffs.
Stores have looked empty ever since Amazon took over the retail market.
Who is still buying Gold
Outlooked "dimmed". Yea by a whopping .2. Still near historical highs. Considering what's happening on the world stage, this is a good number.

But thanks DOOMSberg.demoncrat for your insights

Anyone that lives here knows the future looks bright. Opportunity abounds for corporations and individuals. Just get in there, get your hands dirty, improve your skill set and make your dream come true for you and your family.
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If the inflation target for the Fed is 2 percent, but now it is 2.6. What kind of rate cuts are we talking about?
So do you guys feel things on the ground are positive or negative? Numbers are one thing, but are people spending and feeling confident to spend?
The average consumer already paying as much as 10 to 40% more on goods and services. I am one of them. I understand why consumer sentiments are down. All have a blessed weekend.
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