Stock Market Investors Just Got Bad News About President Trump's Economy. History Says a Domino Effect Could Follow.

The Michigan Consumer Sentiment Index fell to 48.2 in May, the lowest reading on record, signaling sharply weaker household confidence. Consumers cited high gas prices and tariffs as key concerns, underscoring pressure from inflation and trade policy on spending sentiment. The print is negative for consumer-demand-sensitive sectors and adds to broader risk-off sentiment.

Analysis

The Michigan Consumer Sentiment Index fell to 48.2 in May, the lowest reading on record, signaling sharply weaker household confidence. Consumers cited high gas prices and tariffs as key concerns, underscoring pressure from inflation and trade policy on spending sentiment. The print is negative for consumer-demand-sensitive sectors and adds to broader risk-off sentiment.