US CONSUMER SENTIMENT HAS FALLEN TO A RECORD LOW FOR THE SECOND STRAIGHT MONTH MEANWHILE, 70% OF AMERICANS BELIEVE THE ECONOMY IS GETTING WORSE

US consumer sentiment has dropped to a record low for the second consecutive month, with 70% of Americans perceiving a worsening economy. This decline in sentiment may lead to reduced consumer spending, impacting economic growth forecasts and increasing recession fears. The primary transmission mechanism is risk appetite, as lower consumer confidence typically results in cautious behavior from both consumers and investors. Equities, particularly in consumer discretionary sectors, are most exposed due to their reliance on consumer spending. Traders will be watching the upcoming retail sales data for further insights into consumer behavior and its potential impact on economic growth.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.