The University of Michigan reported that Consumer Sentiment fell to 50.8% in May, the second lowest reading since 1952 hen the tracking metric started.

Consumers expect inflation to rise to 7.3% over he next year.

Over 60% of respondents are expecting more unemployment over the next year.

To note: the survey was done prior to OK and China trade talks.

There will be 7 Fed speakers throughout the day. lets see what tomorrow brings.

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