The Enigma of Consumer Confidence: Unraveling the Mystery of the US Economy’s Resilience
In recent years, a perplexing phenomenon has been plaguing economists and market analysts alike: the disconnect between consumer sentiment and the robust performance of the US economy and stock market. While the global economy has struggled to find its footing, the United States has emerged as a beacon of strength, with wages experiencing a steady upward trajectory. Despite this, consumer confidence has remained stubbornly low, leaving many to wonder what lies beneath this seeming paradox.
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