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The Consumer Sentiment Disconnect From Economic Reality
The Consumer Sentiment Disconnect From Economic Reality
Authored by Lance Roberts via RealInvestmentAdvice.com,
The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That “disconnect” has sparked many statements on social media, such as:
“GDP is growing at a healthy...
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Sep 21, 2026 / Tyler Durden
FAA Ground-Stops Every Major New York Airport Over "Equipment Outage" At The Same Facility That Broke Newark Last Year
FAA Ground-Stops Every Major New York Airport Over "Equipment Outage" At The Same Facility That Broke Newark Last Year
The FAA has issued ground-stop orders to arrivals into every major New York-area airport: JFK, LaGuardia, and Newark. Teterboro, Westchester, and Philadelphia are in the same pile. Official reason: equipment outage.
What happened
The first restrictions hit Newark, Teterboro, and Philadelphia after problems with radio frequencies at Philadelphia TRACON, the terminal radar facility that handles arrivals and departures in that airspace. The FAA later added JFK, LaGuardia, and Westchester.
The agency has not publicly...
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Jul 20, 2026 / Tyler Durden
"I'm Not Living In Communist America": Bill Maher Blasts Marxist DSA Democrats, Says He May Vote For JD Vance
"I'm Not Living In Communist America": Bill Maher Blasts Marxist DSA Democrats, Says He May Vote For JD Vance
"I'm not living in Communist America… I've read the quotes from the DSA platform, from their own mouths. Don't tell me I'm not seeing what I am seeing," Bill Maher told ABC News' Jonathan Karl in an exclusive interview that aired on Sunday.
Bill Maher: “I’m not living in Communist America… I’ve read the quotes from the DSA platform, from their own mouths. Don’t tell me I’m not seeing what I am...
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Sep 24, 2026 / Dave DeCamp
Israeli Strike on Car in Gaza City Kills at Least One Palestinian
An Israeli strike hit a vehicle in Gaza City on Thursday, killing at least one Palestinian, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that the car was hit south of Gaza City and the victim’s body was transferred by relatives to another vehicle, which […]
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