Trump's Economy Worst Consumer Sentiment in Recorded History

Wednesday, April 15, 2026

The University of Michigan's Consumer Sentiment Index fell to 47.6 in preliminary April 2026 readings released Friday -- a 10.7% drop from March's 53.3 and the lowest reading in the survey's 74-year history.

Posted by qcp at 12:32 PM | 8 COMMENTS | permalink

The index of consumer sentiment isn't broken; models that try to predict it just don't have the right input variables. I fix that and find that, yes, high nominal price levels explain why the vibes are so off. It's the prices, stupid www.gelliottmorris.com/p/2026-04-14 ...

[image or embed]
-- G Elliott Morris (@gelliottmorris.com) Apr 14, 2026 at 7:30 AM

Comments

I thought that the Anti-Christ would be good foe the economy.

#1 | Posted by Zed at 2026-04-15 09:30 AM

He's just getting started.

#2 | Posted by Nixon at 2026-04-15 11:07 AM

@#2 ... He's just getting started. ...

He's not just getting started on the US economy, he also seems to be doing similar things to the global economy.

#3 | Posted by LampLighter at 2026-04-15 01:12 PM

Another impressive record for the brain dead orange chomo who racked up 15% unemployment during his first term.

#4 | Posted by reinheitsgebot at 2026-04-15 02:01 PM

@#3

IMF cuts growth outlook, warns world already drifting toward more adverse scenario
www.reuters.com

...
IMF cuts 2026 global GDP growth 'reference forecast' to 3.1% assuming short-lived Iran war

World is drifting toward 'adverse scenario' of 2.5% 2026 growth, IMF chief economist says

Deeper, longer conflict would push global economy to brink of recession, IMF says

IMF chief economist says oil above $110 a barrel in 2026, 2027 would make inflation hard to control

War to cause steep GDP drops for Iran, several Gulf states
...

#5 | Posted by LampLighter at 2026-04-15 02:25 PM

*** Illegal US and Israeli War Against People of Iran Cripples Global Economy, Except for Oil Industry ***

"The world's top 100 oil and gas companies banked more than $30 million every hour in unearned profit in the first month of the unlawful US-Israeli war against the people of Iran.

Saudi Aramco, Gazprom, and ExxonMobil are among the biggest beneficiaries of the bonanza, meaning key opponents of climate action continue to prosper."

Todah rabah, Bibi!

Source: Big Oil Wins Again and We Lose Again