The economy may not be working for everyone right now, but it’s at least working for stock market investors 🎭

We're gonna hear more about the K-shaped economic narrative 🔀

The index of consumer sentiment has been falling. (Source: University of Michigan)

Consumers aren’t feeling great about the economy.

The University of Michigan’s consumer sentiment index tumbled to its lowest level since June 2022. Respondents to the survey expressed concerns about their current personal finances, future business conditions, and the potential negative effects of the ongoing government shutdown.

Their findings on demographics caught my eye (emphasis added):