US Consumer Confidence Plunges In April, Inflation Expectations At 1980s Highs

[skews13]

U.S. consumer confidence plunged for the fourth consecutive month in early April, the University of Michigan said on Friday.

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

By the numbers: Consumer sentiment plunged 11% from March, with "pervasive and unanimous" declines across political parties, age, income, education and geographic region, according to the release.

• Inflation expectations in the year ahead surged to 6.7% from 5% this month, the highest reading since 1981. All political parties reported higher inflation expectations, the University of Michigan said.

https://www.axios.com/2025/04/11/consumer-confidence-tariffs-trump-prices

Things are going very well. According to convicted felon 47.

So how are those 401(k)s looking everybody?

MAGA

 

[struth]

U.S. consumer confidence plunged for the fourth consecutive month in early April, the University of Michigan said on Friday.

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

By the numbers: Consumer sentiment plunged 11% from March, with "pervasive and unanimous" declines across political parties, age, income, education and geographic region, according to the release.

• Inflation expectations in the year ahead surged to 6.7% from 5% this month, the highest reading since 1981. All political parties reported higher inflation expectations, the University of Michigan said.

https://www.axios.com/2025/04/11/consumer-confidence-tariffs-trump-prices

Things are going very well. According to convicted felon 47.

So how are those 401(k)s looking everybody?

MAGA

The inflation rate has dropped every month since Trump took office.

From 3,0 in Jan, to 2,8 in Feb, down to 2.4 in March Current US Inflation Rates: 2000-2025

The market has rallied: https://www.marketwatch.com/livecov...daq-fall-treasury-yields-spike-as-tariffs-hit

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause​

Stocks end with record one-day point gains after Trump pauses tariffs for 90 days on most countries, except for China.​

Not looking good for the CCP and DNC, looking good for America

 

[Marener]

The market has rallied:

Are you a moron? The market is 15% below its previous high.

That’s not a rally.

 

[whitehall]

"Expectations from Axios"? More like wishful thinking from morons in the MSM. Axios expected Kamala to win by 13 points.

 

[struth]

Are you a moron? The market is 15% below its previous high.

That’s not a rally.

Maybe you can't read:

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause​

WINNING

 

[Marener]

Maybe you can't read:

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause​

WINNING

Yes, you are a moron.

 

[struth]

Yes, you are a moron.

Why do you hate it when the stock market has historical gains?

 

[Meister]

Are you a moron? The market is 15% below its previous high.

That’s not a rally.

I see you're still making up shit and arguing that point, Marener.
It's what you do.

 

[Marener]

I see you're still making up shit and arguing that point, Marener.
It's what you do.

Okay, the SP500 is not 15% off the high. It’s 14% lower than the previous high.

Hooray!

 

[Meister]

Okay, the SP500 is not 15% off the high. It’s 14% lower than the previous high.

Hooray!

It's still going right over your head.
Bless your heart, Marener.

 

[C_Clayton_Jones]

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

Yet another example of why it was stupid to vote for Trump.

 

[Zincwarrior]

Maybe you can't read:

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause​

WINNING

Today is the 11th.

 

[Zincwarrior]

US dollar is weakening relative to European and other currencies.

https://finance.yahoo.com/news/dollar-slide-decade-low-vs-013759732.html

 

[struth]

Today is the 11th.

and the market hasn't closed yet....

 

[C_Clayton_Jones]

Maybe you can't read:

Stock Market News, April 9, 2025: Dow ends over 2,900 points higher, Nasdaq jumps 12%, S&P 500 up 9.5% after Trump tariff pause​

WINNING

Yes, the stupidity of voting for Trump.

 

[LAUGHatLEFTISTS]

U.S. consumer confidence plunged for the fourth consecutive month in early April, the University of Michigan said on Friday.

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

By the numbers: Consumer sentiment plunged 11% from March, with "pervasive and unanimous" declines across political parties, age, income, education and geographic region, according to the release.

• Inflation expectations in the year ahead surged to 6.7% from 5% this month, the highest reading since 1981. All political parties reported higher inflation expectations, the University of Michigan said.

https://www.axios.com/2025/04/11/consumer-confidence-tariffs-trump-prices

Things are going very well. According to convicted felon 47.

So how are those 401(k)s looking everybody?

MAGA

Yes. Dementia *Joes inflation rivals that of Jimmy Carters. Two of the worst presidents in US history.

 

[skews13]

Are you a moron? The market is 15% below its previous high.

That’s not a rally.

The magat brain. It is a sight to behold, isn't it?

 

[RoshawnMarkwees]

Where was the OP when Biden started this inflation by printing money for people to stay home and watch TV and do drugs? Was he one of those who bitched because the checks weren’t large enough?

Critics say Biden's Covid relief plan breaks promise of $2,000 stimulus checks

President-elect Joe Biden unveiled a coronavirus relief plan that includes $1,400 stimulus payments. Democratic critics say it's not enough.

www.cnbc.com

 

[Doc7505]

U.S. consumer confidence plunged for the fourth consecutive month in early April, the University of Michigan said on Friday.

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

By the numbers: Consumer sentiment plunged 11% from March, with "pervasive and unanimous" declines across political parties, age, income, education and geographic region, according to the release.

• Inflation expectations in the year ahead surged to 6.7% from 5% this month, the highest reading since 1981. All political parties reported higher inflation expectations, the University of Michigan said.

https://www.axios.com/2025/04/11/consumer-confidence-tariffs-trump-prices

Things are going very well. According to convicted felon 47.

So how are those 401(k)s looking everybody?

MAGA

~~~~~~
Meanwhile, National approval of Democrats is at a steady low of 24%.

 

[RoshawnMarkwees]

~~~~~~
Meanwhile, National approval of Democrats is at a steady low of 24%.

But their volume is turned up to 11.