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The US economy is booming on paper, but everyday Americans feel squeezed. Why one expert says we’re in a boomcession
Yahoo Finance· 2026-03-18 11:15
You've heard of recession and depression — but what about the "boomcession"? That's the term Matt Stoller has coined for the current state of the economy. A combination of the words "boom" and "recession," the term highlights the disconnect between surging economic data and the financial hardships many Americans are seeing in their daily lives. “Traditionally, the economy is doing really well,” shared Stoller, an antimonopoly advocate and research director at the American Economic Liberties Project, a no ...
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Bloomberg· 2026-03-03 08:26
Greggs reports a slump in profit last year as the British high street bakery chain battles weak consumer sentiment https://t.co/pskSTMm6XZ ...
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Bloomberg· 2026-02-20 15:12
US consumer sentiment rose less than expected in February as optimism among wealthier Americans was offset by declining confidence among people who haven’t benefited from stock-market gains https://t.co/qefUZGrJKA ...
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Bloomberg· 2026-02-06 15:06
US consumer sentiment unexpectedly improved to the highest in six months, largely propelled by wealthier Americans who have benefited from stock-market gains https://t.co/Cq8FVSPzeS ...
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Bloomberg· 2025-12-19 15:09
US consumer sentiment rose in December by less than expected, remaining depressed amid lingering affordability concerns https://t.co/qEh5G8yx7f ...
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Bloomberg· 2025-12-15 22:30
All year, the jobs market, consumer sentiment, AI and inflation flashed economic warning signs — what does this mean for 2026? Listen to @sarahsholder @svaneksmith and @Markzandi on the Big Take podcast. https://t.co/9IXCqxjXHW ...
VantageScore CEO: Divergence in consumers’ credit risk not revealed in average credit score
CNBC Television· 2025-12-11 20:07
Vantage Score Overview - Vantage Score is a leading national credit score established approximately 20 years ago by Experian, Equifax, and TransUnion [2] - Over 220 million people use Vantage Score to check their credit score [3] - Vantage Score utilizes alternative data like rental payment history, giving credit to consumers who pay rent on time, unlike some competitors [3] K-Shaped Economy Impact - The dominant theme is the K-shaped economy, with higher and middle-income consumers continuing to shop while lower-income consumers are not shopping as much [5] - Higher and middle-income consumers' late payments have dropped in three of the last four months, while lower-income consumers' delinquencies have increased [7] - Homeownership is a significant driver of the K-shape, as homeowners have more of a cushion and are not as exposed to rising rent [8] Consumer Sentiment and Credit Health - The average Vantage Score was 701 through the end of October, indicating overall healthy credit for the average consumer [12] - However, this average masks the divergence between high and low-income consumers, with many lower-income consumers facing challenges [13] - Lowering interest rates and a resurgent housing market could help lower-income consumers [14] Future Outlook - Vantage Score aims to expand homeownership opportunities to millions more consumers [9] - Retail and consumer spending make up two-thirds of the US economy, and home purchases tend to stimulate spending in other areas [10]
There's a stable view of the economy overall, says Defiance ETFs CEO Sylvia Jablonski
CNBC Television· 2025-12-08 11:53
Joining us now, Sylvia Jablonsky, Defiance ETF's co-founder and CEO. And we were talking about the some of the positive action we've seen in the stock market in the last what week and a half or so, which maybe calmed some of the fears that we did have earlier uh about whether we wouldn't have a Santa Claus rally. In fact, a lot of people said what we normally see in September and October, we were seeing in November. Some of the uh you know, we see a lot of lows set in October.I want to start with you with w ...
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American households felt a bit better about the economy in December compared with the previous month, according to a monthly index of consumer sentiment from the University of Michigan.https://t.co/QL1iusofiL ...
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Bloomberg· 2025-12-05 15:08
US consumer sentiment rose for the first time in five months, bolstered by a more optimistic outlook for personal finances as inflation expectations improved https://t.co/xOMtvHisJ6 ...