US is having a high inflation and low consumer sentiment now.

 The US 1-year inflation expectation has hit 4.8% which is the 2nd highest for the past 1 year.

The US consumer sentiment is at a record low (44.8) now since the 1960s and this doesn't bode well for the US economy because the low consumer sentiment will trigger a recession.  The high inflation and low consumer sentiment will create an economic phenomenon called STAGFLATION that economists find it hard to resolve.