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Mike Shedlock: Consumer sentiment current conditions index falls to record low

Mike Shedlock: Consumer sentiment current conditions index falls to record low
Consumer sentiment index sets record low

Mike Shedlock, author / blogger at MishTalk, reports that the consumer sentiment current conditions index has dropped to a record low.

He points out that, by political affiliation, independents have experienced the largest declines in sentiment compared to other groups.

Shedlock recently noted a 0.4% rise in the August consumer price index, suggesting a possible interest rate increase by the Fed in September in his article on U.S. inflation data. In a separate piece, he warned that France's escalating budget deficit is fueling a significant debt crisis and civil unrest across the EU, as detailed in his coverage of the French situation. These reports highlight Shedlock’s ongoing focus on economic indicators and financial stability.

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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