Episode Details

Despite a steady U.S. economy, Americans sentiment plummets due to surging gas prices and inflation fears, driven by the Iran conflict. The University of Michigan Consumer Sentiment Index dropped to 53.3 in March, with middle and upper-income groups hit hardest. While current conditions remain stable, long-term expectations and inflation predictions soar, increasing recession odds to nearly 50% in some models. However, the real economy continues to perform well.

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