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Consumer sentiment slumps near record low: University of Michigan
CFO Dive ^ | 11/21/2025 | Jim Tyson

Posted on 11/25/2025 7:59:23 AM PST by Redmen4ever

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To: SaxxonWoods
I know a guy, everybody think he’s “rich”. He makes $500k a year. He’s early 60’s. Toys abound at his two homes, one sits on large acreage. I asked him what his retirement plan was. He said, “I’m trying to get my IRA up to $1mm” WHAT??!

That's crazy!

41 posted on 11/25/2025 10:18:58 AM PST by montag813
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To: dragnet2

That is my general position buy what you have to and avoid the rest. The board room, C-suite and corner office must have their quarter to quarter growth to keep their phony baloney jobs. Piss on the line workers and piss on the consumer.

Yeah, I see it as greed when the growth of wealth and income of the top 1% outpaces that of the workers by factors of TENS and has done so for decades now.


42 posted on 11/25/2025 10:20:02 AM PST by Sequoyah101
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To: Flavious_Maximus

Could not be more correct. Who didn’t see it coming when M1 and M2 took off like twin rockets?


43 posted on 11/25/2025 10:24:18 AM PST by Sequoyah101
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To: Flavious_Maximus

BTW, the market isn’t keeping up so where did all thtat “money” go?


44 posted on 11/25/2025 10:24:59 AM PST by Sequoyah101
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To: montag813

I’ve known others, but it never fails to shock me. One couple had a very nice home, always newer cars, etc. Then they retired, sold the big house and moved into a very modest one. Another friend (car dealer) said, “They came in, wanted a convertible. I couldn’t get them approved even on “B” credit because they were too upside down on their trade.”

A lot of people griping have only themselves to blame.


45 posted on 11/25/2025 10:37:40 AM PST by SaxxonWoods (Annnd....TRUMP IS RIGHT AGAIN.)
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To: Sequoyah101

Most of mine is in real estate and Treasury Bills. T-Bills are Warren Buffet’s largest holding. Almost 4% return and no state tax. Beats the bank and keeps it liquid. Was getting 5.5% at the peak. Got 1.8% when I started T-Bills a few years ago but the MMF’s were only paying .5% back then. Easy choice. My tax preparer asked how to go about it, heh.


46 posted on 11/25/2025 10:43:47 AM PST by SaxxonWoods (Annnd....TRUMP IS RIGHT AGAIN.)
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To: montag813

“That’s crazy!”

When you sell real estate you see all the crazy ways people lead pretend lives of wealth until it all falls apart. Then they go live with kids when they near the end and are broke.


47 posted on 11/25/2025 10:47:29 AM PST by SaxxonWoods (Annnd....TRUMP IS RIGHT AGAIN.)
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To: Redmen4ever

We are being economically punished for voting for Trump again … and in such huge numbers.


48 posted on 11/25/2025 10:49:30 AM PST by Rocky Mountain Wild Turkey ("I have an open mind ... just not so open that my brain falls out onto the floor!!")
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To: pissant

You do not want to fall into the trap that caught the Harris campaign staff.

Economic statistics can be written on campaign’s graveyards.

Now is not a good time to be the incumbent party.


49 posted on 11/25/2025 10:53:56 AM PST by cgbg (The master is nice only when the dog behaves as expected.)
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To: cgbg

100% disagree. Inflation is a trickle. wages are up, Markets are roaring, construction is thru the roof, gas is low, airplane sales are flying, tech and heavy machinery manufacturers are prospering, holiday travel and spending may set records. Private sector jobs are being created.

Other than that, its nothing but gloom and doom according to the doom and gloomers


50 posted on 11/25/2025 11:10:25 AM PST by pissant ((Deport 'em all))
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To: pissant

The congressional elections in 2026 will render a verdict.

That is the only statistic I will be watching.


51 posted on 11/25/2025 11:12:43 AM PST by cgbg (The master is nice only when the dog behaves as expected.)
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To: pissant

Not in New England. Flour and Sugar are twice what they were in 2022. Eggs are still $5.99 a dozen. My steak for tonight was $22.95 a pound.

If that is lower for you, thats wonderful. Not a troll at all.

Kind of a weird accusation. The country is big and cost of living is a very local thing.


52 posted on 11/25/2025 11:15:37 AM PST by Vermont Lt
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To: Vermont Lt

Yes, regional differences can be significant. Home prices in WA have fallen only 1% this year. Our economy is booming. New England is dow about 2%, Texas down 2.5% and Arizona 3.5%.

Large Eggs from Safeway here in WA are down to $2.29 from 6.99 a year ago.

Fresh Salmon has been lower here than in recent years. Pork is low. Gas has FINALLY dropped about 50 cents down to $4.19 here, while NE it is $3.19, and in Oklahoma it’s $2.50.

Lots of national variability, but my weekly grocery bill is down at least 25% from Bidens day. My gas bill is down, my lumber prices are down. My taxes are not, of course.

So Beef prices remain high, but it is the outlier, not the norm.

But a whole slew of freepers are pretending that the economy is tanking and inflation is still thru the roof. It is the exact opposite.


53 posted on 11/25/2025 11:53:04 AM PST by pissant ((Deport 'em all))
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To: SaxxonWoods

THIS is the so called affordability problem. Folks living beyond their means. The economy isnt crashing and inflation is in check. Folks are running out of credit and benefits so they cry to pollsters about Trump.


54 posted on 11/25/2025 11:54:29 AM PST by MrRelevant
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To: pissant

Many of the issues in New England are self inflicted. Our eggs have to be “free range” which adds about $2 a dozen. Our natural gas for heating is up about 50% because our governor decided that a pipeline to feed the state was not environmentally sound.

Gas for the car was $2.94 this afternoon.

But overall my grocery expenses are up about 10-15% over last year.

Atlantic Salmon is lower. Go figure.


55 posted on 11/25/2025 12:17:31 PM PST by Vermont Lt
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