Reported 4 months ago
The article discusses how despite The Conference Board's US Consumer Confidence rising in May after three months of declines, a Harris Poll from The Guardian shows that many Americans are not optimistic about the US economy. The poll revealed that 49% of Americans believe the S&P 500 is down for the year, despite the index reaching record numbers in 2024. Yahoo Finance Senior Columnist Rick Newman highlights the contrasting views on the economy, with some feeling positive due to stock market gains while others are concerned about inflation's impact on their daily lives, emphasizing the need for continued education and awareness of economic realities among Americans.
Source: YAHOO