US consumers are exhausted:
Real income growth expectations of US consumers over the next 5 years are at record lows.
Americans in the bottom-third income group now see record low ~18% chance of higher inflation-adjusted incomes in 5 years,
By comparison, 5 years ago this… pic.twitter.com/ZVjiYAryp9
— The Kobeissi Letter (@KobeissiLetter) April 15, 2025
"More people are bringing lunch to work. That's a bad economic indicator," per WSJ
— unusual_whales (@unusual_whales) April 15, 2025
🚨US bankruptcies are rising as if there is a CRISIS:
188 US large companies declared bankruptcy in Q1 2025, the most in 15 YEARS.
This is up 35% from 139 recorded last year.
Previously, US big bankruptcies hit 694 in 2024, the most in 14 YEARS.
Bankruptcies are SKYROCKETING. pic.twitter.com/G0Mg0LPs1q
— Global Markets Investor (@GlobalMktObserv) April 15, 2025
If you’re in the top 10%, you’re able to borrow and spend like crazy
If not, you’re getting choked on credit access by rising inflation but stagnant borrowing limits pic.twitter.com/wrtgTnyf9g
— Amy Nixon (@texasrunnerDFW) April 15, 2025
🚨Another month, another sour consumer data:
67% of Americans expect HIGHER unemployment over the next year, the highest share since the GREAT FINANCIAL CRISIS.
Such sharp spikes have never occurred outside of recessions.
The US job market is expected to get materially worse. pic.twitter.com/2lo9gMyzMi
— Global Markets Investor (@GlobalMktObserv) April 14, 2025