According to The Kobeissi Letter, US consumer sentiment has plummeted to levels not seen since the 2008 financial crisis, dropping approximately 20 points to 57 over the last month. This decline is significant as it reflects heightened pessimism typically associated with economic crises or recessions, indicating that an economic slowdown is underway.

According to The Kobeissi Letter, US consumer sentiment has drastically declined, reaching levels not seen since 2008. The sentiment index has dropped approximately 20 points over the past month to a value of 57, signaling growing pessimism among US consumers. This decrease is typically observed during a crisis or recession, suggesting an economic slowdown has commenced. Traders should consider the potential impacts of declining consumer confidence on the markets.

According to The Kobeissi Letter, consumer sentiment in the US has plummeted to its lowest level since the 2022 bear market. This marks the sharpest decline since March 2020, reminiscent of pandemic-era sentiment drops. The Federal Reserve's call for a 'soft landing' contrasts sharply with current sentiment trends, suggesting potential market volatility and caution for traders.

According to The Kobeissi Letter, US consumer sentiment has fallen sharply, with the consumer sentiment index dropping 6.4 points to 64.7 in February 2025, marking the lowest level since November 2023. Consumer expectations about the economy decreased by 5.3 points to 64, reaching a 16-month low, while the assessment of current economic conditions fell by 8.3 points.

According to The Kobeissi Letter, US consumer sentiment has fallen sharply, with the consumer sentiment index dropping 6.4 points to 64.7 in February 2025, marking the lowest level since November 2023. Consumer expectations about the economy decreased by 5.3 points to 64, reaching a 16-month low, while the assessment of current economic conditions fell by 8.3 points.

According to The Kobeissi Letter, the perceived probability among Americans of securing a new job within three months after losing one has dropped to 50%, marking the lowest level since April 2021. This data indicates a significant shift in consumer sentiment, which traders should monitor as it may affect market confidence and consumer spending patterns. The current percentage, excluding the pandemic period, is the lowest in a decade, which could indicate potential economic challenges ahead.