Chart Highlights Disparity Between Wall Street and Main Street Economic Views
The S&P 500 is at a record high, but consumer sentiment has hit a 74-year low, highlighting a significant gap between Wall Street and Main Street. The University of Michigan Consumer Sentiment Index fell to 47.6, the lowest in its history, driven by rising gas prices and inflation concerns linked to the Iran conflict.
Topics: Consumer Sentiment Inflation Iran Conflict S&P 500 Wall Street vs. Main Street