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The 'recession indicator' memes are getting out of hand

1. Consumer sentiment dropped by 11%, signaling economic uncertainty. 2. Americans share humorous recession indicators like memes and spending cuts. 3. Rising searches for 'recession' suggest growing consumer anxiety. 4. Despite memes, actual recession signs are not evident yet. 5. Historical trends show consumer behavior shifts during economic downturns.

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FAQ

Why Bearish?

Declining consumer sentiment often precedes decreased spending, potentially affecting S&P 500 earnings.

How important is it?

A decline in consumer confidence can rapidly affect market sentiment and S&P 500 valuations.

Why Short Term?

Current sentiment deterioration impacts short-term market behavior, historically seen in early recession phases.

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