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CSML - Consumer Sentiment Plunged To A Record Low In June
IQ Chaikin U.S. Small Cap ETF
The final June results from the University of Michigan Surveys of Consumers show overall consumer sentiment plunged to a new record low.
The second sub-index - that of consumer expectations, one of the AIER leading indicators - lost 7.7 points or 13.9 percent for the month, dropping to 47.5.
The plunge in consumer attitudes reflects a confluence of events, with inflation leading the pack.