Consumer Sentiment in the US is at 10-year Lows (U. of Mich.)

'Consumer sentiment in the US is at 10-year lows (U. of Mich.) because they don't know how to react to price increases,' says a FT column. Huh! Consumers have handled previous price surges (e.g. 2008, 2011, 2018). Maybe they're glum because the economy itself is gloomy.