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  • UMich Inflation Expectations Soar To Highest Since 2008 As Democrats Confidence Slumps

    From zerohedge.com

    After 'current conditions' surged higher in December - on Trump optimism - analysts expected confidence to remain high in preliminary January sentiment data from UMich. But the data was mixed with Current Conditions soaring further (highest since April) while expectations dropped (lowest since July), dragging the headline down modestly... chart Democrats continue to get more depressed as Republicans' sentiment continues to rise... chart Most problematically, inflation expectations soared with the 5-10Y horizon surging to its highest since 2008... chart UMich reports that inflation expectations are being shaped ... (full story)

Republicans surveyed say inflation will be 0.1% by the end of 2025. Democrats say 4.1%. Interestingly, Republicans surveyed at various times in the last year have said the stock market was crashing. (The S&P made 57 new all-time highs in 2024.)
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Republicans surveyed say inflation will be 0.1% by the end of 2025. Democrats say 4.1%. Interestingly, Republicans surveyed at various times in the last year have said the stock market was crashing. (The S&P made 57 new all-time highs in 2024.)
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