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Bad Vibes Continue In America Despite Record Stock Prices
US consumer moods deteriorated a third month in early June, the preliminary read on America's marquee sentiment gauge suggested.
At 65.6, the University of Michigan headline now sits at its lowest levels since November. Consensus expected 72 from the last of this week's US macro releases.
There are just a few points left from the upturn that accompanied the Fed's year-end pivot and attendant "everything rally" across financial assets. Consumers were bedeviled early this year by sticky prices a
