📉 Goldman Sachs says the Iran war has killed the soft landing scenario for the US economy.
🛢️ Oil prices are feeding directly into inflation, bond yields, deficits, and household costs.
📊 The University of Michigan Consumer Sentiment Index has fallen to its lowest level in 70 years.
🏦 Inflation expectations are surging, putting the Federal Reserve in an impossible position.
💳 US credit card debt has reached a record $1.21 trillion.
🍽️ One in four Americans is skipping meals to make debt payments.
🌍 The deeper pattern is clear: the American economy is no longer absorbing shocks — it is passing them directly into ordinary households.