American consumer confidence

In June, consumer confidence in the United States collapsed to the lowest of the series calculated by the University of Michigan: what are the impacts for investment choices?

Confidence is thwarted by various existing problems, such as Covid, war and a shortage of materials, but above all it is knocked down by inflationary concerns, with CPI at the highest level for 40 years. Trust is a prerequisite for consumption, which is the predominant part of the American GDP.