{"id":143426,"date":"2025-10-24T20:35:08","date_gmt":"2025-10-24T20:35:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/143426\/"},"modified":"2025-10-24T20:35:08","modified_gmt":"2025-10-24T20:35:08","slug":"signs-of-stress-in-consumers-says-metlifes-drew-matus","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/143426\/","title":{"rendered":"Signs of Stress in Consumers, Says Metlife&#8217;s Drew Matus"},"content":{"rendered":"<p>                        US consumer sentiment fell in October to a five-month low, as worries persisted about stubbornly high prices and the impact on their finances. The final October sentiment index fell to 53.6 from 55.1 in September, a deterioration from the preliminary reading, according to the University of Michigan. A measure of current conditions dropped to the lowest since August 2022. MetLife Investment Management Chief Market Strategist Drew Matus believes that the soft CPI report is hinting towards a K-shaped economy, causing signs of stress among upper end consumers. According to Matus  these consumers have a high level of job separation anxiety leading to a pull back on personal expenses, saying &#8216;if you&#8217;re not going to buy a cup of coffee you&#8217;re not going to buy a car.&#8221; He joined Carol Massar and Tim Stenovec on &#8216;Bloomberg Businessweek Daily&#8217; to break it down.<\/p>\n<p>Bloomberg videos, provided by MT Newswires<\/p>\n","protected":false},"excerpt":{"rendered":"US consumer sentiment fell in October to a five-month low, as worries persisted about stubbornly high prices and&hellip;\n","protected":false},"author":2,"featured_media":143427,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,179,18,19,17,188],"class_list":{"0":"post-143426","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eire","11":"tag-ie","12":"tag-ireland","13":"tag-markets"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115431061935548027","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/143426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=143426"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/143426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/143427"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=143426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=143426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=143426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}