US Consumer Sentiment Hits Record Low as S&P 500 Stays Near Peak Levels

TLDR: US consumer sentiment fell to 47.6, marking its lowest level amid rising cost pressures The S&P 500 remains near highs, showing a sharp disconnect from household expectations Retail outlook weakens as discount chains report softer demand and cautious guidance Strong premium travel demand contrasts with declining confidence among lower-income groups A widening gap between [...]

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