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Willem Middelkoop: U.S. consumer sentiment drops to record low
Willem Middelkoop, founder, investor, commodity fund manager at Commodity Discovery Fund, highlights a significant decline in U.S. consumer sentiment to its lowest level on record.
The observation comes as Middelkoop refers to this downturn as part of a so-called 'Golden Age' under U.S. President Donald Trump.
Middelkoop has previously highlighted other key market milestones. He noted that the last 30-year U.S. Treasury with a 5 percent rate was sold in 2007, ahead of the global financial crisis. Middelkoop also referenced the acquisition of Filo Mining by BHP and Lundin Mining for over $4 billion in 2024 after major discoveries.
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