UMich Inflation Expectations Soar To Highest Since 2008 As Democrats Confidence Slumps
After ‘current conditions’ surged higher in December – on Trump optimism – analysts expected confidence to remain high in preliminary January sentiment data from UMich.
But the data was mixed with Current Conditions soaring further (highest since April) while expectations dropped (lowest since July), dragging the headline down modestly…
Source: Bloomberg
Democrats continue to get more depressed as Republicans’ sentiment continues to rise…
Source: Bloomberg
Most problematically, inflation expectations soared with the 5-10Y horizon surging to its highest since 2008…
Source: Bloomberg
UMich reports that inflation expectations are being shaped by beliefs about future policy.
The share of consumers worried about the prospect of tariff hikes continues to rise.
Nearly one-third of consumers spontaneously mentioned tariffs, up from 24% in December and less than 2% prior to the election. These consumers generally report that tariff hikes will pass through to consumers in the form of higher prices, thus pushing up their inflation expectations.
Concerningly, recent data show an emergence of inflationary psychology – motives for buying-in-advance to avoid future price increases, the proliferation of which would generate further momentum for inflation.
It seems like the Democrats are the most fearful about inflation… more so than at any time during Biden’s administration, when inflation hit 9%!!!???
Like in December, 22% of consumers this month reported that purchasing durables now would enable buyers to avoid future price hikes, the highest since 1990.
That said, these buy-in-advance price rationales were far more prevalent in the 1970s, averaging 41% in 1978.
Tyler Durden Fri, 01/10/2025 – 10:08
Source: https://freedombunker.com/2025/01/10/umich-inflation-expectations-soar-to-highest-since-2008-as-democrats-confidence-slumps/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.