The most recent consumer sentiment surveys (as of early June 2026) show historically low readings, reflecting deep pessimism driven primarily by inflation, rising energy/gas prices, and cost-of-living concerns tied to geopolitical tensions (e.g., Middle East conflicts affecting oil supply).
University of Michigan Surveys of Consumers (Most Watched Gauge)
- May 2026 final Index: 44.8 (record low), down sharply from 49.8 in April and 52.2 a year ago. This marks the third consecutive monthly decline.
“ historically low” “record low” THAT’S REALLY SAYING SOMETHING if you look at economic history even during the last 50 years.
And what’s most amazing is the current situation unlike past economic crisis, was created, intentionally created, by the ego of one person.
The president also told the Financial Times that Mr. Netanyahu had no choice but to accept a deal with Iran. “I call all the shots,” the newspaper quoted Mr. Trump as saying. “He doesn’t call the shots.”
QUINNSCOMMENTARY 
Milk in 2001: Depending on the region and store, prices typically fluctuated between $2.50 and $3.00
Twenty-five years ago (2001), the average price of a 1-pound loaf of white bread in the U.S. was approximately $1.58 to $1.99.
Twenty-five years ago (in 2001), the average retail price for a dozen large, Grade-A eggs in U.S. cities was approximately $0.93 to $1.01
Can I get 2001 prices back?
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