Reported about 7 hours ago
Despite stock markets reaching record highs fueled by strong corporate earnings and investor optimism, many consumers feel disconnected from this economic success, leading to what some are calling a 'vibe-spansion.' While Wall Street remains bullish, factors like a weakening labor market and high inflation are contributing to low consumer sentiment. Studies show that many anticipate higher unemployment and express concern over their job security and purchasing power, revealing a divide between the perceptions of market players and everyday Americans.
Source: YAHOO