📌 US Consumer Sentiment Falls To Record Low On Gas Prices – US consumer sentiment fell to a record low in May, underscoring that higher gas prices and rising costs from the US-Iran war continued to weigh on Americans’ views of the economy.
$TALUS
US consumer sentiment plunged to a record low in May as higher gas prices and rising costs tied to the US‑Iran war continued to weigh on Americans’ views of the economy. Consumers cited fuel and inflationary pressures; markets reacted nervously — investors sold risk assets, including crypto talus, amid growth concerns.
#Macro Insights# #GasPrices