washington consumer confidence data board and basically it s showing pretty negative. again the high cost of everything, inflation, no need to tell your viewers, they know very well what they re paying for gas at the pump, for example. also what s worrying them is the talk of recession which makes you think media is somewhat to blame for this but also central banks the economy, the market. everyone has this concern about recession. but that does affect consumer confidence. so you saw it tick down for this month from around 4.5 points down to 98.7 and seeing this expectation index looks at the outlook for income business and labor market slate side dropping to 66.4 points the lowest level since march 2013. what it essentially means is the american household is beginning to feel a lot more concerned about these things like inflation and about recession as well. which is what the feds might want the americans to do is stop spending quite so much. there s also been market impact
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