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Chart Of The Day: Why Is Main Street So Glum?

Source: SeekingAlpha

2026-06-01 06:30:00 ET

By Mike Larson

Just when you thought it couldn’t get any worse, it did. Consumer confidence sank even further than the depressed levels I highlighted in April - hitting its lowest since the University of Michigan started collecting data in 1952. While higher oil prices and inflation worries are part of it, there’s a deeper, underlying force at work....

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Chart Of The Day: Why Is Main Street So Glum?
PowerShares S&P SmallCap Consumer Discretionary Pf

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