Only 𝟴% of US consumers now expect their income to grow faster than inflation over the next year — the lowest share in at least two years, down 10 points since November 2024. Meanwhile, 𝟳𝟮% anticipate inflation outpacing their income, the highest reading in two years, up from 58% just nine months ago. The collapse in real-income expectations is accelerating. Consumers are pricing in a sustained erosion of purchasing power with no near-term relief, aligning with the Iran War energy shock, the Fed's extended pause at 3.50–3.75%, and record consumer delinquencies already signaling household stress. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A 2-year extreme in consumer inflation pessimism is a structural bearish signal for risk assets including BTC. When consumers expect to lose ground to inflation, discretionary spending contracts first — hitting risk assets through both the growth and rate-expectation channels. Watch this week's Fed Meeting Minutes (Wednesday) and S&P Global PMI (Friday) for confirmation of whether businesses are passing through cost pressures that validate consumer fears. source: KobeissiLetter Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1973(Hupzy (Spot On Chain))