The Official Story: “Resilient” Consumers Bank of America wants you to believe everything is fine. Spending is up 6%. Travel is booming. Entertainment is thriving. Unemployment sits at 4.3%. On paper, it looks strong. It looks stable. It looks like the American consumer is powering through uncertainty. That’s the narrative. But narratives don’t pay your gas bill. The Reality: Energy Prices Are Flashing Warning Signs Gas is over $4 a gallon nationally. That’s not noise. That’s signal. And it’s not happening in a vacuum. Global tensions—especially around the Strait of Hormuz—are pushing oil prices higher. That narrow strip of water controls a massive share of the world’s oil supply. When it heats up, your cost of living goes with it.…
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