As Stocks Hit Record Highs, Americans’ Consumer Confidence Collapses To Record Low
With the “mini war” still ongoing (albeit with a ‘ceasefire’ in place), expectations were for UMich consumer sentiment to continue languishing at record lows in final May data released this morning.
And it did, with the headline sentiment – along with both Current Conditions and Expectations – all plunging to record lows…
Source: Bloomberg
Yep… Americans have never been more miserable… Black Friday, meh; 9/11, nothingburger; GFC, fleshwound…
“The cost of living continues to be a first-order concern, with 57% of consumers spontaneously mentioning that high prices were eroding their personal finances, up from 50% last month,’’ Joanne Hsu, director of the survey, said in a statement.
So far, consumer spending has proved resilient as the job market holds up and a stock-market rally bolsters wealth.
“Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run,” Hsu said.
Consumers expect prices to rise an annualized 3.9% over the next five to 10 years, up from 3.5% in April and the highest in seven months. They also saw costs advancing 4.8% over the next year.
This month’s increase in long-run expectations reflects sizable jumps among independents and Republicans.
For the latter group, long-run inflation expectations are currently more than double their February 2025 reading on a monthly basis.
Republicans’ confidence overall is starting to fade…
Finally, here’s the k-shaped economy writ large…
Stocks at record highs (thanks to AI CapEx dreams) while sentiment at record lows (thanks to inflationary pressures on low income consumers – among other things)…
This divergence is ultimately unsustainable.
Tyler Durden Fri, 05/22/2026 – 10:09
Source: https://freedombunker.com/2026/05/22/as-stocks-hit-record-highs-americans-consumer-confidence-collapses-to-record-low/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,808,628,324 |
| Stories: | 8,646,788 |
Whistler Blowers, Insiders
