(Breitbart)—Consumer sentiment rose sharply in June, according to data released Friday by the University of Michigan, as Americans reported improving views of both current economic conditions and future prospects.
The Index of Consumer Sentiment climbed to 60.7, up from 52.2 in May, a 16.3 percent increase that marked the first gain in six months. The index remains 11 percent below its June 2024 level and roughly 18 percent lower than its recent peak in December 2024, following the presidential election.
“Sentiment improved across a range of economic aspects, including expectations for personal finances and business conditions,” said Surveys of Consumers Director Joanne Hsu, noting that the gains were broad-based. The index measuring current economic conditions rose 10 percent to 64.8, while the index of consumer expectations jumped 21.3 percent to 58.1.
Despite the rebound, overall sentiment remains consistent with consumer expectations of a slowing economy and elevated inflation risks, Hsu said.
Inflation expectations moderated in June. The year-ahead inflation outlook fell to 5.0 percent from 6.6 percent in May. Long-run inflation expectations declined to 4.0 percent from 4.2 percent, the second consecutive monthly drop and the lowest level since February. Still, both short- and long-term expectations remain above where they stood for most of the second half of 2024.
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
