JUST IN: Consumer confidence hit a 50-year low.

And it's still dropping.

Americans feel WORSE about the economy right now than during the 2008 financial crisis. Worse than COVID. Worse than the 1970s. Think about that.

Here's the part that should worry you most:

Sentiment drives behavior. When people feel poor, they act poor. They cut spending. They delay big purchases. They pull back.

And when enough people do that at the same time, the recession they feared becomes the recession they created.