"ROSENBERG: '.. consumer sentiment at its lowest level since the series began in November 1952! .. undercutting the lows of all the prior eleven recessions .. the 1970s oil shock,.. the Asian financial crisis .. the tech wreck and terrorist attacks of 2001, the GFC of 2008-2009 .. the 2020 pandemic.'”
~ Carl Quintanilla
#Trump #economy #oil #gas #ConsumerSentiment #ApprovalRating
/27
https://bsky.app/profile/carlquintanilla.bsky.social/post/3mj5qghkyuk2h

ROSENBERG: “.. consumer sentiment at its lowest level since the series began in November 1952! .. undercutting the lows of all the prior eleven recessions .. the 1970s oil shock,.. the Asian financial crisis .. the tech wreck and terrorist attacks of 2001, the GFC of 2008-2009 .. the 2020 pandemic.”
"The gas price spike, in particular, is historic. We are talking about the largest monthly increase in gas prices since tracking it began in 1967. Nearly 60 years. Thanks, Donald. This is what happens when you let a con man with no grasp of geopolitics and no genuine interest in peace play war games on behalf of 330 million Americans."
#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/3
"Remember when Trump claimed inflation was zero? Yeah. No. Year-over-year inflation hit 3.3% in March, the highest since May of last year. But the month-over-month number is what really should make your stomach drop: 0.9% in a single month. That is the biggest one-month jump since June 2022. Gas prices surged 21% in March. Fuel oil is up 31%. Airfares jumped 15%."
#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/2
"The University of Michigan Consumer Sentiment Index just dropped to 47.6 for April. During the height of COVID in March 2020, we never got anywhere near that low. During the 2008 financial crisis, the worst economic collapse in generations, we never saw numbers remotely close to this.
On top of that, the inflation numbers that came in this morning are brutal."
~ Ben Meiselas
#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/1
https://www.meidasplus.com/p/friday-afternoon-news-updates-the
Is it all imploding?
Market Talk: Multiple wallet strains hit consumer sentiment
With consumer sentiment spiraling to a record low due to soaring inflation expectations, Anna Rathbun, founder and CEO of Grenadilla Advisory, said that 'any company that derives its revenue from consumers' is likely to feel pressure in the months ahead. #consumersentiment #inflation #markets #markettalk #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: Keep up with the latest news from around the…
https://fllics.com/en/video/market-talk-multiple-wallet-strains-hit-consumer-sentiment/

With consumer sentiment spiraling to a record low due to soaring inflation expectations, Anna Rathbun, founder and CEO of Grenadilla Advisory, said that 'any company that derives its revenue from consumers' is likely to feel pressure in the months ahead. #consumersentiment #inflation #markets #marke
Samsung Electronics is facing a potential general strike by its unionized workers, increasing a sense of uncertainty for the company, ...
Samsung Electronics is facing a potential general strike by its unionized workers, increasing a sense of uncertainty for the company, which is alre...#consumersentiment #excessprofitincentive #generalstrike #geopoliticalrisks #Israel-Iranwar #laboractions #laborunion #marketleader #memorychips #memorydivisionincentives #MiddleEasternsmartphonemarket #NationalLaborRelationsCommission #NationalSamsungElectronicsUnion #Nvidiasupplycompetition #operatingprofitincentive #OPIceiling #samsungelectronics #SamsungElectronicsCoUnion #SamsungElectronicsLaborUnion #semiconductorbusiness #SKhynix #unionizedworkers #wagenegotiations #korea #southkorea #news #northkorea #thekoreatimes #koreatimes #koreatimes #koreannewsinenglish #seoul
Samsung faces growing risks as labor unions move toward strike - The Korea Times