The tweet was deleted by the author.
But we saved everything 🙂.
Americans feel worse about economy than in 2008 crisis, Andrew Lokenauth notes
Andrew Lokenauth, industry influencer, reports that U.S. consumer confidence has reached its lowest point in 50 years.
He highlights that Americans currently feel worse about the economy than they did during the 2008 financial crisis, the COVID period, or even the 1970s. The continued decline in sentiment is flagged as a major concern.
Lokenauth previously reported that U.S. foreclosure filings had reached a six-year peak, with rates up 26 percent year over year. He also recounted being denied entry to a Chase Sapphire Lounge despite holding an eligible annual membership. Both incidents were noted as consumers face tighter conditions across sectors.
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