Most people's holiday celebrations this year have been hampered by persistent inflation.
"'Santa is coming after all'; Investors celebrate a cooler-than-expected inflation report," read one sample headline after CPI inflation fell to 7.1%.
While the numbers were "cooler-than-expected," it has not yet come down to comfortable and breezy levels. The reality is that inflation persists, and it is hurting the holiday season. High prices are on everyone's minds, whether buying Christmas cookies or toys for Johnny or making travel plans.
Consumers turn gloomy as the holiday season begins.
Competition between the two major powers.
High-interest rates are a major factor in slowing EV demand.
Consumers turn gloomy as the holiday season begins.
The RealClearMarkets/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with high reliability monthly changes in sentiment in well-known polls by The Conference Board and the University of Michigan. Began in February 2001, the Indices were developed by TIPP for its media partners
Competition between the two major powers.
High-interest rates are a major factor in slowing EV demand.
