Consumer confidence just had its biggest jump since COVID. What does that mean for the markets?

In this episode of Markets with Megan, we break down the May Consumer Confidence Report from the Conference Board — and the data is overwhelmingly positive.

📈 Highlights Include:
• Biggest point gain in confidence since May 2020 (present) and 2009 (future expectations)
• Inflation expectations drop from 7% to 6.5%
• Consumers plan to spend more on vacations, homes, cars, and appliances
• Income optimism at its highest since September 2020
• One slight red flag: labor market confidence dips

📊 Why does it matter? This report could signal a shift in economic sentiment and consumer behavior that directly impacts stock market trends, spending patterns, and Fed decisions.

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#ConsumerSpending

https://youtu.be/UM9b-S-wgMY

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