📉 Americans have never been this pessimistic about the economy—ever.
The University of Michigan’s May 2026 consumer survey just dropped a historic bombshell: every single key indicator hit a record low at the same time for the first time ever.
Consumer Sentiment Index → 44.8 (all-time low)
Current Economic Conditions → record low
Current Financial Situation → tied for lowest ever
Long-run inflation expectations → jumped to 3.9% (highest since Oct 2025)
The index has now broken its own all-time low two months in a row. 😔
🔴 57% of Americans say high prices are actively destroying their personal finances.
With the Iran war pushing gas above $4.50/gallon, inflation at 3.8% and rising, and consumer spending making up 70% of U.S. GDP…
👉 When more than half of the people driving that spending say their finances are being crushed, no stock market rally can hide the real damage.
#EconomicCrisis #InflationAlert #ConsumerConfidenceCrash
