Kim Perales<p>“Consumer sentiment is declining rapidly for HHs</p><p>•Consumer worries about losing their jobs are at levels normally seen during recessions </p><p>•A record-high share of consumers think business conditions are worsening</p><p>•HH’s income expectations are declining</p><p>•Inflation expectations are rising at an unprecedented speed</p><p>The bottom line is that consumer sentiment is <br>🚨DETERIORATING AT AN ALARMING RATE.”<br>-T Slok, economist at Apollo</p><p><a href="https://toad.social/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trumpcession</span></a> <a href="https://toad.social/tags/Stagflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Stagflation</span></a> <a href="https://toad.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://toad.social/tags/Jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Jobs</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>