Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The Quiet Crisis Of Falling Consumer Sentiment
Why American consumers feel poorer despite a solid economy and rising GDP. We unpack the Goldman Sachs report on the 'happiness gap,' examining how sticky services inflation and wage stagnation are eroding real purchasing power. With core CPI holding at 337.8 and job openings climbing to 7,271 thousand, we analyze why the data says one thing while wallets say another.
#ConsumerSentiment #EconomicGrowth #InflationGap #RealWages #CoreCPI #GoldmanSachs #LaborMarket #PurchasingPower #EconomicPsychology #ServicesInflation #FexingoBusiness #BusinessPodcast #Macroeconomics #FinancialNews…
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