FinanceNewsAPI
Even wealthy Americans are souring on the economy as gas prices spike and stocks fall - Yahoo Finance UK
Overview
Americans across income levels are growing more pessimistic about the U.S. economy as geopolitical risk pushes gas prices up and stocks down. New research on the K-shaped recovery shows this sentiment reflects a split reality: lower earners face heavier inflation burdens while wealthy households gain from market returns, so fuel and market swings affect groups very differently. That divergence threatens consumer spending and political tolerance for further conflict.
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