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Business confidence among US consumers is at a level similar to that after the 2008/9 Lehman shock occurred.

Only 10% of people think the economy will improve in the future.

It was only in 2008 and 2022 that it fell this low in the past 40 years.

The divergence between a strong stock market and such a low figure is unheard of. Consumers already feel that the economy is receding.