US consumer sentiment collapses to 50.8, its second-lowest reading ever

Americans are losing confidence fast. Consumer sentiment just plunged to 50. 8 in early May, dropping from 52. 2 in April, based on new data from the University of Michigan. That makes this the second-lowest reading ever, only beaten by the collapse in June 2022. People across the country are blaming one thing: tariffs. They see them […] source: https://www.cryptopolitan.com/us-consumer-sentiment-collapses-to-50-8/