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Ed Krassenstein: U.S. economic concerns deepen with weak sentiment and high inflation
Ed Krassenstein, co-founder and CFO at NFTz.me and leader at Forum Advertising LLC, draws attention to recent negative economic indicators reported by Fox Business news.
He highlights that U.S. consumer sentiment has dropped to a record low of 48.2 for May, while inflation recorded a 4.5% increase over the year.
Krassenstein has commented on other market developments in recent months. He reported that Justin Sun sold his entire 3% TRUMP memecoin stake. In a separate note, Krassenstein highlighted that gas prices have risen from $3.13 to $4.43 since Joe Biden left office.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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