Trump’s Victory Sparks Consumer Confidence Surge

Axios

 

After years of wondering why there was a disconnect between how Americans feel about the economy (bad) and the actual state of the economy (pretty good), we may have the answer — it was politics all along.

If politics is the main driver of consumer sentiment, then it’s no longer nearly as useful as an economic indicator.

A real-time measure of consumer sentiment abruptly turned positive last week for the first time since June 2021, as Republican optimism surged on Donald Trump’s victory. 

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