Record sentiment meets crashing consumer reality in the ultimate setup for the next rug pull.
— Jron (@Jron73074698) May 7, 2026
Anyone that believes consumers would get skidish after $5/gas prices should look at DoorDash and Uber Eats reports.
These businesses exist because of consumer disposable income. If the consumer was going to be crushed by higher gas prices, we would see it in food and grocery… https://t.co/nSXUFtuvpC
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) May 6, 2026
EVERYONE IS BULLISH.
HIGHEST LEVEL SINCE 2017.
You don’t need a chart to tell you what comes next… pic.twitter.com/3rOyGrs7az
— NoLimit (@NoLimitGains) May 7, 2026
BREAKING: President Trump releases a statement on the stock market hitting record highs. pic.twitter.com/GdyHqFMgiL
— The Kobeissi Letter (@KobeissiLetter) May 7, 2026
Whirlpool issues warning — We are seeing signs of recession.
Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the Iran war triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases.
“War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March,” the company said in its earnings filing.
The comments marked one of the starkest corporate warnings yet about the economic fallout from the conflict and contrasted with more resilient spending trends recently highlighted by companies tied to travel and services.
Shares of Whirlpool, a maker of washers, dryers, dishwashers and other home appliances, dropped 12% in morning trading.