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Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades

Source: Zero Hedge · 2026-05-29
Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades Nearly two months of the national average gasoline price exceeding the politically sensitive $4-per-gallon level have left corporate America increasingly worried about consumer health this earnings season. Kraft Heinz's CEO warned that some households are "literally running out of money," while UBS analysts caution that even as the AI-linked chip and memory bubble inflates markets to new highs, there are growing "consumer cracks beneath
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